Increasing Iraq 's oil sales for the month of February , despite OPEC efforts by lowering




02/18/2017 (0:01 pm) - The number of readings: 313 - Issue (3855)



Baghdad / term

Detecting Bloomberg Bloomberg US site on Economic Affairs, in a report today, a rise of Iraqi crude oil sales during the first half of the month of February, the current 3%, despite pledges to the country's second largest oil producer in OPEC to participate in the reduction of international oil production to strengthen prices oil.

According to shipping data seen by Bloomberg, Iraq's exports of crude oil during the first 15 days of February rose to 3.93 million barrels per day, recording an increase for the month of January export rates, which was accepted at a rate of 122 thousand barrels per day.

Information is also indicated for the growth rate of oil shipments from the southern ports in Basra loading rate of 10%, while the sale of oil from the Kurdistan region fields rates increased to more than 13%.

According to the program loading of oil shipments during the month of February, Iraq was planning to export nearly 3.64 million barrels per day.

Loading of oil for export to the low probability of the month of March rates, to its lowest level in seven months, programs and revealed to reach 3.01 million barrels per day. Often export for the month of March for the weak seasonal demand for oil which rates fall.

The International Energy Agency has said this month that Iraq has reduced its production at a rate of 110 thousand barrels during the month of January and showed OPEC According to information Astguetha from secondary sources and data charging for the Iraq reduce its production at a rate of 166 thousand barrels per day during the same month.

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