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Iraq is OPEC’s second-largest producer, and its production in August was 4.88 million barrels per day, according to Platts, and 4.76 according to Reuters. Its production target is 4.512, and so it is producing around 220,000 b/d more than it had pledged. Source: Reuters By contrast, Iran’s production has fallen by 1.6 million per day […]
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