Kurdistan is committed to the OPEC+ oil production cut deal and will reduce output accordingly, the government of the semi-autonomous Iraqi region said in a statement following a meeting between Kurdish and Iraqi officials. Reuters reported that at the meeting, the two sides had agreed that Kurdistan would report monthly oil production figures to Baghdad. “We agreed on cutting oil production in line with OPEC +’s decision,” the Kurdistan Regional Government’s finance minister, Awat Sheikh Janab, told media after the meeting, as quoted by Kurdistan24. “We agreed in principle that we [the Kurdistan Region] are part of Iraq, and Iraq’s compliance is also our responsibility,” the Kurdish official added. Iraq has committed to reduce its oil production by as much as 23 percent beginning next month. That would be down from an average daily of 4.5 million bpd at the moment. The portion of the total that would fall […]