Iraq’s oil production, including output from the semi-autonomous Kurdistan region, fell 4% month on month in November, the State Oil Marketing Organization said Dec.14, falling below its OPEC+ quota as bad weather disrupted exports from federal ports. OPEC’s second largest producer pumped 3.685 million b/d in November, below its 3.804 million b/d quota and down from 3.842 million b/d in October, SOMO data showed. Oil output from federal Iraq dropped 5% month on month to 3.229 million b/d in November, while production from the semi-autonomous Kurdistan region rose 2.25% to 456,000 b/d, according to SOMO data. Federal exports fell 6% from October to 2.709 million b/d, the SOMO […]