Iraq’s oil exports averaged 3.726 million barrels per day in December, a significant increase from the previous month, the oil ministry said on Wednesday.
Exports from Iraq’s southern Basra ports rose to a record high of 3.63 million bpd, up from 3.363 million bpd in November, the ministry said...
If OPEC does not follow through with its commitment to reduce oil production throughout this year, Brent crude prices could struggle to rise, according to J.P. Morgan’s head of Asia Pacific oil and gas.
In an early December meeting, OPEC and non-OPEC countries agreed to take about 1.2 million...