[–] derram 0 points 0 points (+0|-0) ago 

https://archive.is/RTjEQ :

Oil down 3 percent on concerns over rising Iraqi exports, U.S. output | Reuters

'U.S. crude futures CLc1 were trading at $52.36 a barrel, down $1.63 at 11:47 a.m. ', "In Iraq, OPEC's second-biggest producer, oil exports from the southern Basra ports reached a record high of 3.51 million barrels per day (bpd) in December, the oil ministry said.", "Iraq's oil ministry underscored that the high levels from the south would not affect the country's decision to lower production in January to comply with the OPEC agreement."

'Last week, U.S. energy companies added oil rigs for a 10th week in a row, for a total of 529, Baker Hughes data showed. '

'Kuwait's oil minister said on Monday he expected a "big commitment" by OPEC and non-OPEC producers to the deal to cut output, which was reached last year. '

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