Iraq finished 2019 with its lowest monthly production average of the year due to OPEC cuts and a brief output drop at its most prolific field. Workers move equipment at a drilling rig at the Rumaila oil field in Basra. Nationwide oil production fell by more than 3 percent in December to 4.54 million barrels per day (bpd), according to an Iraq Oil Report analysis based on data gathered from each field * – the lowest monthly average posted by Iraq in 2019. Output fell primarily because of temporary outages at Rumaila, the country’s highest-producing field, where production dropped by about 300,000 bpd for several days early in […]