IRAQ
Iraq Spearheads OPEC Output Surge
OPEC production in April jumped over 500,000 b/d to register its highest monthly level since October 2008, MEES calculations show. Iraqi output scorched through the 3mn b/d mark for the first time in over two decades. And a third straight month of 31.5mn b/d plus OPEC output appears to be finally making an impact on prices. On 8 May, OPEC’s Basket price dipped below $110/B for the first time in over five...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!