Prime Minister of Iraq Haider al-Abadi says the autonomous Kurdish region of the country is exporting more than its allocated share of oil

  • In November, OPEC agreed to cut output by 1.2 million barrels per day from January 2017
  • Iraq agreed to reduce output by 200,000 bpd to 4.351 million bpd

But, says the PM:

  • "The region is exporting more than its share, more than the 17 percent stated in the budget"

Kurdish regional authorities have yet to publish oil export figures for December

More here at Reuters

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You can expect more & continuing bickering within OPEC and non-OPEC about who is cheating on output limits