Monday, August 17, 2026
Iraq’s push for bigger OPEC quota driven by revenue pressures, new oil investment- oil and gas 360

Iraq’s push for bigger OPEC quota driven by revenue pressures, new oil investment

(BOE Report) – An economic crisis caused by the Iran war and a fresh surge of investment by oil majors are driving Iraq’s aggressive push for a higher OPEC production quota, potentially placing it on a collision course with the producer bloc. The pressure from Baghdad adds to the challenges confronting the Organization of the Petroleum Exporting Countries, still reeling

Iraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says- oil and gas 360

Iraq in talks about OPEC quota, with exports at 3.6 mln bpd, oil minister says

(BOE Report) – Iraq is in negotiations over the size of its OPEC quota within its available capacity of 5.5 million barrels per day, oil minister Hayan Abdel-Ghani said at an oil conference on Monday. The country, OPEC’s biggest overproducer, submitted plans in April to make further oil output cuts to compensate for pumping above agreed quotas. Abdel-Ghani said that