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Iraq cuts oil production by 175 thousand barrels per day
15:36 - 12/09/2019
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Oil Minister Thamer Ghadhban on Thursday revealed the amount of cut in oil production, while stressing the Organization of Petroleum Exporting Countries "OPEC" and its allies, accept the return of [You must be registered and logged in to see this link.] Venezuela.
" [You must be registered and logged in to see this link.] will comply fully by October with the OPEC-led oil production cuts ," Ghadhban said , adding that "the reduction in Baghdad will reach 175,000 barrels per day."
“Under the so-called OPEC + group, the Organization of Petroleum Exporting Countries (OPEC) and its allies will have to accept the fact that [You must be registered and logged in to see this link.] Venezuela, whose exports have collapsed because of sanctions, will return to the oil markets“ in a normal way ”and deal with it,” he said.
"Energy ministers of Saudi Arabia, Russia and Kuwait are expected to visit [You must be registered and logged in to see this link.] on September 26," he said.
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