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Bloomberg: Iraq earns more than $ 10 million per day of production cuts agreement
May 26 .2017 - 13:19 | Number of Views: 3
Sommer News: Follow-up
The International Energy Agency, said that members of the Organization "OPEC" countries over the past two quarters has earned $ 75 million a day in addition, thanks to the rebound in oil prices in global markets .
A graph published by "Bloomberg" economic based on the data of the International Energy Agency that Iran was more winners cut production agreement, which received additional revenues during the fourth quarter of last year , the first of this year and the quarter by about $ 15 million a day .
While, oil agreement returned to Saudi Arabia, the largest oil producer in the "OPEC", during the same period by about $ 12.3 million a day, followed in third place, Iraq, additional revenues estimated at 10.3 million dollars a day .
Oil prices have been rising since the end of last November, then members of the Organization "OPEC" countries and some independent producers agreed to reduce the volume of production by 1.8 million barrels per day to support the faltering prices .
This increased oil prices during the past two quarters from the record of $ 45.23 a barrel blend "Brent" on November 29 to $ 50.60 a barrel on March 31.
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