Oil price falls after broken promise Iraq

- Oil producer Iraq to reduce output not unlike promised during the recent OPEC meeting. Oil prices fell on it Tuesday.

Iraq increased its deliveries dropped by 7% from the platform at Basra from October to 3.53 million barrels per day.

The country will further increase its production of the most traded commodity in the world in February. This is evident from the statements that the Wall Street Journal and Reuters have won.

Oil dropped 1.5% to $ 54 per barrel again.

Iraq beats his production the previous record outflow, which amounts to 3.51 million barrels per day.

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