OPEC’s Second Largest Oil Producer Isn’t Complying With Output Cuts

Iraq, OPEC’s second-largest producer and the biggest cheater in previous production cut deals, faces problems in the new OPEC+ deal as well.   Iraq's compliance with the deal is yet again in question, as negotiations with oil majors about which oilfields should cut production continue, even as the historic agreement entered into force nearly a week ago. Iraq hasn’t informed yet its key oil customers about how much the country’s crude exports will be because of protracted talks with international oil companies, which…