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Asharq Al-Awsat
Asharq Al-Awsat
Business
London - Asharq Al-Awsat

SHOCKING: Opec authorizes iraq to increase output to 4 5 mln bpd - What They Never Told You

OPEC Oil Iraq INA SOMO United States
Oil tanks are seen at the gas field of Siba in Basra, Iraq April 25, 2018. (Reuters)

Iraq’s representative at OPEC said the organization had agreed to the country increasing its output to 4.5 million barrels of oil per day (bpd) starting from June, the state news agency (INA) reported on Saturday.

There will be further increases of 50,000 bpd in output in each of the months July, August and September, INA added, citing Muhammad Saadoun’s statements.

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