Iraq produced 3.807 million b/d of crude in January, including from the semi-autonomous Kurdistan region, the country’s State Oil Marketing Organization said Feb. 3, as it took criticism from an OPEC+ monitoring committee for its lax quota compliance. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The January figure puts Iraq comfortably below its OPEC+ production quota of 3.857 million b/d, which is effective through March. According to data compiled by the OPEC+ Joint Ministerial Monitoring Committee and seen by S&P Global Platts, Iraq overproduced its quota by a cumulative 626,000 b/d from May through December 2020, which it is required to make up through so-called “compensation cuts” by March. In a statement, SOMO said its January […]