OPEC’s second-largest producer, Iraq, produced just 4.15 million barrels per day (bpd) of crude oil in March, well below its quota under the OPEC+ agreement, according to data from Iraqi state oil marketing firm SOMO seen by Reuters. Iraq’s crude oil production was down by 112,000 bpd last month compared to the previous month, the data seen by Reuters on Tuesday showed. As part of the OPEC+ deal, OPEC’s second-biggest oil producer after Saudi Arabia was allowed to pump as much as 4.370 million bpd in March. Iraq’s production,…
