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Iraq urges OPEC to raise its quota
BAGHDAD: Iraq has urged OPEC to increase its oil production quota considering the country’s history of conflicts and the recent regional war that have damaged its industry, the oil ministry said Thursday. Like other oil producers, Iraq, a founding member of OPEC, was greatly affected by the Middle East war, as it is hugely dependent on oil exports, which make up about 90 percent of its budget revenues.
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cryptobriefing.com
Iraq seeks significant OPEC quota increase amid financial crisis from Iran war
Iraq's oil exports collapsed over 97% due to the Iran conflict, dropping from 3.32M bpd to 96K bpd. OPEC+ approved a modest quota increase as Iraq scrambles
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dailysabah.com
Iraqi officials considered leaving OPEC if quota not raised: Sources
Iraq will be compelled to consider all options if its quota in the Organization of the Petroleum Exporting Countries (OPEC) is not significantly...
