Iraq's OPEC+ Oil Production Falls Short in March

By
Khalid al-Faisal
1 min read
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What Happened:

Iraq's oil production in March fell short of the OPEC+ target, putting the country under increased scrutiny as the alliance evaluates its supply plan.

Key Takeaways:

  • In March, Iraq produced 4.17 million barrels a day, 30,000 barrels a day less than in February.
  • This shortfall may lead to added scrutiny as OPEC+ reviews the country's supply plan.

Do You Know?

  • OPEC+: The alliance between OPEC and its oil-producing allies, including Russia, formed to manage oil production and stabilize prices.

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