“OPEC” announced today, Saturday, that Iraq recorded a small increase in its oil production last March, based on the secondary sources that the organization relies on.
The Organization said in a report, that “the production of oil by the 13 member states rose by about 57 thousand barrels per day during the past month, to reach 28.557 million barrels per day, with the support of increased supplies from 8 countries, including Iraq.”
It added that “the largest increases came from Saudi Arabia, as its oil production rose by 54,000 barrels per day, to reach 10.262 million barrels per day, and the production of Kuwait and the UAE increased by 25-23 thousand barrels per day, respectively, bringing their production to 2,639 million barrels per day for Kuwait, and 2,983 million barrels per day for the UAE.
It added, “The rest of the countries had a small increase, as Algeria recorded an increase of 14,000 barrels per day, and Venezuela, Iran and Equatorial Guinea recorded increases in oil supplies last month, ranging from 8 to 4 thousand barrels per day.”
It pointed out that “Iraq also recorded a small increase among the member states of the organization in its oil production for the month of March, by 11,000 barrels per day, to reach 4.309 million barrels per day, compared to last February, in which production amounted to 4.298 million barrels per day.
Source: National Iraqi News Agency