updated Sat. August 24, 2024
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Market Realist
April 3, 2018
Russia's output was ~23,000 barrels per day more than the promised output ceiling under the production cut—another concern for oil bulls. On April 1, 2018, Iraq's cabinet decided to add 1.5 MMbpd to its existing capacity by 2022—a factor that could have a negative impact on oil prices in the long term.
Platts
April 3, 2018
Iraq has adjusted its crude oil production capacity target and is now aiming to achieve 6.5 million b/d by 2022, oil minister Jabbar al-Luaibi said Monday. Iraq's Cabinet on Sunday approved a five-year plan calling for the country to boost its nationwide oil production capacity to 6.5 million b/d by 2022,Ãâà...
Nasdaq
April 2, 2018
The Iraqi cabinet on Sunday approved a plan to raise thenation's crude oil output capacity to 6.5 million bpd by 2022. urn:newsml:reuters.com:*:nL5N1RE0IM. Also potentially weighing on markets are the rising tradetensions between the U.S. and China. China slapped tariffs of up to 25 percent on 128Ãâà...
Iraq Oil Report
March 21, 2018
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic. Iraqi Cabinet decisions: Mar. 20, 2018. Iraq's Council of Ministers meets in Baghdad on Mar. 20, 2018. (Source: Iraqi Cabinet media office). By Staff of IraqÃâà...
Iraq Oil Report
March 20, 2018
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic. Iraqi Cabinet decisions: Mar. 13, 2018. Iraq's Council of Ministers meets in Baghdad on Mar. 13, 2018. (Source: Iraqi Cabinet media office). By Staff of IraqÃâà...
Iraq Oil Report
March 8, 2018
Whenever the media office of the Council of Ministers releases decisions of the Cabinet, Iraq Oil Report publishes a translation from the original Arabic. Iraqi Cabinet decisions: Mar. 6, 2018. Iraq's Council of Ministers meets in Baghdad on Mar. 6, 2018. (Source: Iraqi Cabinet media office). By Staff of Iraq OilÃâà...
Aljazeera.com
November 6, 2017
Earlier in the day, Iraq's cabinet proposed to reduce the Kurdish share of the country's revenue in the 2018 federal budget, a move seen as aimed to further punish the Kurds for the secession referendum. A preliminary draft document pointed to a reduction in Kurdistan's share of the 2018 budget from the 17Ãâà...
Upstream Online
December 31, 1999
The Iraqi Cabinet on Sunday approved a plan to raise national output capacity to 6.5 million bpd by 2022, representing an increase of 1.5 million bpd on existing capacity. Output now stands at 4.4 million bpd, with exports via the southern ports at 3.45 million bpd. The semi-autonomous Iraqi KurdistanÃâà...
