Iraq's Basra Oil Company daily production has declined from 3.3 million barrels to 0.9 million barrels

MetaMuskRat · 2026-03-21T01:35:59+00:00

Renmin Finance News, March 21 - According to sources from Iraq's Oil Ministry on the evening of March 20 local time, due to the halt of oil exports at southern Iraqi ports, the daily production of Basra Petroleum Company has declined from 3.3 million barrels to 900,000 barrels. Current production has been reduced to approximately 30% of the output before February 28. (CCTV News)

MetaMuskRat

2026-03-21 01:35:59

People’s Financial News, March 21 — On the evening of March 20, local time, a source from Iraq’s Ministry of Oil said that because oil exports from southern Iraqi ports have stopped, the Basra Oil Company’s daily production has dropped from 3.3 million barrels to 900,000 barrels. The current output has been reduced to about 30% of the production before February 28. (CCTV News)

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