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Iraq’s oil production in February rose 1.6% from January in a breach of OPEC+’s quota. Both federal and Kurdish production and exports rose, continuing its pattern of failing to comply with OPEC+ agreements.

Iraqi oil production, output rises, breaching OPEC+ quota

Iraq’s oil production in February rose 1.6% from January in a breach of OPEC+’s quota. Both federal and Kurdish production and exports rose, continuing its pattern of failing to comply with OPEC+ agreements.

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