RE: Barzani: "Erbil, Baghdad on ‘right path’ to solve stalled KRG oil exports"15 Jan 2024 06:38
Iraq produced 4.35 million bpd of oil in December: S&P Global
While OPEC+ has stated that it is trying to overcome a weak market outlook, new production cuts implemented at the start of the new year may result in a tightening of the organization's supplies.
They definitely won't need another another 450kbopd added to that .
Their cuts from OPEC is kurdistan oil .
That's why the pipeline will never open now because iraq would have to cut their own supply.
Forger about agreements being reached as it's delaying tactics but trying to keep face so it looks like things will be resolved but in reality they have no intention of it ever happening.
Let's hope local sales have doubled recently??
Another red day anyone ??