Content of the article
Iraq’s representative to OPEC said the organization had agreed to the country increasing production to 4.5 million barrels of oil per day (bpd) from June, the agency reported on Saturday. state press (INA).
There will be further production increases of 50,000 bpd in each of July, August and September, the INA added, citing statements from Muhammad Saadoun.
Iraq pumped 4.43 million barrels per day (bpd) of oil in April, 16,000 bpd above its OPEC+ quota for that month, according to data from state-owned marketing firm SOMO seen by Reuters on May 11.
(Reporting by Enas Alashray; Editing by Kirsten Donovan)