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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq's production share in May rises by 1% compared to March.. Can it achieve it?

    Rocky
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    Iraq's production share in May rises by 1% compared to March.. Can it achieve it? Empty Iraq's production share in May rises by 1% compared to March.. Can it achieve it?

    Post by Rocky Mon 04 Apr 2022, 9:04 am


    [size=30]Iraq's production share in May rises by 1% compared to March.. Can it achieve it?

    2022-04-04
    [/size]
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    Yes Iraq: Baghdad

    Iraq's production share increased in the month of May by 1% compared to Iraq's production last March, according to OPEC, to have its production of 4.461 million barrels per day, compared to 4.370 million barrels per day in March, an increase of 91 thousand barrels.
    And OPEC + stated in a table that “the production share of Iraq for the month of May was set at 4.461 million barrels per day, an increase of 47 thousand barrels per day from the month of April, which amounted to 4.414 million barrels per day, and an increase of 91 thousand barrels per day from last March,” indicating that “Iraq It was the second largest producer in the organization after Saudi Arabia, and the third largest producer in OPEC + after Saudi Arabia and Russia.
    The quota of Iraq's production of oil in March was 4.370 million barrels per day, but Iraq was only able to pump 4.356, and it is not expected that Iraq will be able to raise its production to 4.461 million barrels per day in May.
    The organization indicated that “the production of both Saudi Arabia and Russia was set at 10.549 million barrels per day, during the month of May, an increase of about 113 thousand barrels per day from the current month of April, and the UAE’s production share increased by 34,000 barrels per day, to reach 3.040 million barrels per day during next month".
    She noted that "Kuwait set its production at 2.694 million barrels per day, and Algeria's production at 1,013 million barrels per day."
    She noted that "the share of OPEC from the increase scheduled in May will amount to 273 thousand barrels to reach 25.589 million barrels per day, while the share of allied with OPEC will reach 127 thousand barrels to reach 16.537 million barrels per day."
    And OPEC + agreed, during its meeting last Thursday, to increase its oil production by more than 400,000 barrels per day, according to the previously agreed schedule.
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