Open Demo Account
Home / Market Update / Commodities / SOMO data shows that Iraq’s oil production declined in November in line with its share in OPEC+
OPEC

SOMO data shows that Iraq’s oil production declined in November in line with its share in OPEC+

Adel 8 December, 2022 3:46 pm Commodities, Market Update

Data from the Iraqi State Oil Marketing Company (SOMO), seen by Reuters on Thursday, showed that Iraq produced 4.43 million barrels per day of crude oil in November, down 221 thousand from October.

These figures show that Iraq’s crude production is in line with its quota under the OPEC + agreement in November.

Tags

Check Also

Euro’s Surge: Can it Change the Global Game?

While the US labor market shows signs of softening, the Eurozone is telling a different …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends