Iraq's December oil output stable, in line with OPEC+ quota - SOMO data

Reuters

According to the production figures, Iraq's output was again in line with its quota under the OPEC+ agreement for December

Rowena Edwards, Reuters News

January 11, 2023

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Iraq produced 4.43 million barrels per day (bpd) of crude in December, unchanged from the previous month, data from state-owned marketer SOMO seen by Reuters showed on Tuesday.

According to the production figures, Iraq's output was again in line with its quota under the OPEC+ agreement for December.

Higher exports from the semi-autonomous Kurdistan Region were offset by lower refinery runs, the data showed.

(Reporting by Rowena Edwards; Editing by Kirsten Donovan)

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