Tuesday 31 December 2019

Motives behind US air strikes in Iraq and Syria


The fighter jets of United States targeted several bases of the Iraqi popular forces of Hashd al-Shaabi at border with Syria on Sunday evening. In a statement, the US defense secretary confirmed the attacks. Now the question is, which objectives had the US wanted to achieve from the attacks?
There is growing perception that the US was not comfortable with the consolidation of relationship between Iraq and Syria, especially in security and economic fields. Therefore, Washington wanted to seal Iraq-Syria common borders and passageways by targeting military positions in Iraq and Syria as well as providing support for the existing terrorists and creating fresh terrorist group.
Keeping the terrorist groups protected and providing backup for them seems to be the main objective of the US  after a number of reports hinted towards relocation of terrorists from Syria into Iraq or vice versa. In the meantime, the US has raided the Iraqi army several times to provide support for the terrorist groups in the country. 
Certainly, weakening Iraq and turning it into a crisis-hit country is aimed at providing the ground for the US to impose its will on Baghdad. Weakening the Iraqi popular forces and damaging relations and cooperation between the country’s army and the popular forces are also among the main objectives of such plots. 
Other dimensions of the US recent plot against Iraq can be mentioned as spreading chaos and turning peaceful protests of the Iraqis into violence, destabilizing Iraq’s political situation by interfering in the trend of forming the country’s new government, weakening Iraq’s security forces through conducting attacks on the Army centers and Hashd al-Shaabi’s bases and cutting Iraq’s ties with its neighboring countries including with Iran.
The new US plot is also aimed at deviating public opinion from critical situation of the Zionist regime of Israel as well as appeasing the Zionist lobby to continue supporting Donald Trump who is facing the congress impeachment.
By acts, the US proves it is the number one supporter of terrorism. Washington’s claim of campaign against terrorism is only a deception that is why their claimed military coalitions in the Persian Gulf and in the Bab al-Mandab Strait have brought about nothing but enhancing terrorism.   
The US has not been a savior but it has been disruptor of the region’s security and stability. The secret trips of the US officials to Iraq have certainly roots in their fear from the Iraqis’ rage against Americans’ crisis-making behaviors.
Widespread supports of popular and political groups as well as the country’s religious authorities for Hashd al-Shaabi against the US aggressive policies shows nationwide trust of Iraqis in the resistance forces which in turn shows failure of the White House’s anti-resistance project.  

Monday 30 December 2019

Iran Russia China joint naval drill in Sea of Oman


Naval forces from Iran, Russia and China started a large-scale maritime exercise in the northern part of Indian Ocean and Sea of Oman on Friday, 27th December 2019.The joint exercise is being viewed by some analysts as a show of power and solidarity between Iran, China and Russia. The exercise, named “Marine Security Belt”, will last for four days and cover 17,000 square kilometers and consist of "various tactical exercises"
Earlier, speaking at a news conference on Wednesday, Iranian Armed Forces Brigadier General Abolfazl Shekarchi said it was important and vital that security should be established in Indian Ocean and Sea of Oman. Indian Ocean and Sea of Oman are among the world's key trade routes and many countries commute in the (two) regions and therefore establishing security there is important and vital, said Shekarchi.
Iranian Foreign Minister Mohammad Javad Zarif said on Friday that the joint military exercises show that Iran and its partners are committed to secure vital waterways. “Our joint military drills in Oman Sea/Indian Ocean with Russian and Chinese partners make clear our broader commitment to secure vital waterways,” Zarif added. Iran has been insisting that it is ready to work with its neighbors on the southern shores of the Persian Gulf to secure maritime trade in the region based on the Hormuz peace initiative. “Iran has long stated its readiness to work with its neighbors to secure the Persian Gulf.
Since the victory of the Islamic Revolution in Iran in 1979, it is the first time that the country has staged such a large-scale drill participated with two huge naval powers in the world. Certainly those countries share security, economic, political, and defense interests and try to restore collective security in the region. Reinvigoration of international maritime trade, countering piracy, exchange of information and experiences in various fields including maritime rescue and relief are among the main objectives of the drill.
Rear Admiral Tahani said peace, friendship and sustainable security under collective unity and cooperation are the main messages of the current naval drill. The message of this exercise is peace, friendship and lasting security through cooperation and unity … and its effect will be to show that Iran cannot be isolated.
China has sent a guided-missile destroyer to the four-day drills, which it called a "normal military exchange" between the three armed forces. It is not necessarily connected with the regional situation. China has close diplomatic, trade and energy ties with Iran, which has friendly ties with Russia.
Russia had sent three ships from its Baltic Fleet - a frigate, a tanker, and a rescue tug boat - to take part in the drills. It is believed that Russia is participating for the first time in such drills, being held in such a format.
The drills are being held at a time that the United States is resorting to every ploy to pressure Iran and isolate it in the world.  It sends a clear signal to the United States that the Iran issue should be addressed through negotiations based on the previous deal rather than military actions. The US should stop fanning the flames.
Certain quarters say that the drill was in response to recent US maneuvers with its regional ally Saudi Arabia. The trilateral drills are the first of its kind and being held at a time when Iran is facing unprecedented sanctions from the US. The joint drills are likely to be perceived as provocative by Washington. 

Monday 23 December 2019

Divided Kuala Lumpur Summit


Contrary to the expectations of many Pakistanis, Prime Minister Imran Khan opted not to attend Kuala Lumpur Summit. The overwhelming perception is that that Khan decided to stay away from the Summit under the pressure of Saudi Arabia. It is no secret that the Kingdom has been extending help to the incumbent government to avert the economic crisis, ever since Khan came into power.
Reportedly, Khan had telephoned his Malaysian counterpart Mahathir bin Mohammad to express his regrets for not being able to attend the summit. He also conveyed the same to Turkish President Recep Tayyip Erdogan, who was also one of the driving forces behind the event.
It is worth noting that Pakistan was one of the first countries with whom Mahathir shared his plans for holding the summit, when he met Khan along with Erdogan on the sidelines of the UN General Assembly session in New York in September. Khan formally conveyed his acceptance of the invitation for attending the summit when deputy Foreign Minister of Malaysia called on him in Islamabad on 29th November.
Prior to the commencement of Summit, a statement issued by Malaysian Prime Minister’s Office saying, “Dr. Mahathir appreciates Prime Minister Imran Khan’s call to inform of his inability to attend the summit where the Pakistani leader was expected to speak and share his thoughts on the state of affairs of the Islamic world.”
There is a dire need to read the explanation put forward by Pakistan’s Foreign Minister, Shah Mehmood Qureshi. He confirmed that Saudi Arabia and the United Arab Emirates had concerns about the Kuala Lumpur Summit. They were worried that the event could cause fragmentation of Ummah and lead to setting up of another organization parallel to the existing Saudi-dominated Organization of Islamic Cooperation.
It is on record that prior to the commencement of Summit, Mahathir told reporters in Kuala Lumpur that Saudi King; Salman bin Abdul Aziz was averse to the Summit discussing issues facing the Muslims. Saudi King was of the view that the OIC should continue as the platform for discussing such matters.
In view of the reservations about the event, Qureshi said, it was decided that Pakistan would first attempt to bridge the gap between Riyadh and Kuala Lumpur and if that did not work there would be no participation in the Summit.
Foreign minister explained that Pakistan did attempt to patch up the differences and succeeded not only in getting invites for Saudis and Emiratis, but also convinced Mahathir to personally visit Riyadh and directly invite King Salman. Mahathir’s visit could not be scheduled because the dates proposed by Riyadh were not convenient for him to undertake the trip.
He also informed that Khan visited Saudi Arabia in an attempt to bringing Saudi Arabia and Malaysia closer, and not for getting a permission to attend the summit. Qureshi was of the view that by staying back, Pakistan had underscored its neutrality on the issue and conveyed that it was not inclined towards one side or the other.
According to media reports from the Malaysian capital, Mahathir and King Salman held a video conference to discuss Saudi reservations even after Pakistan had officially pulled out, but no common grounds could be found.
It was anticipated that two of the world's most outspoken leaders, Malaysia's Prime Minister Mahathir Mohamad and Turkey's President Tayyip Erdogan would be giving their views during the four-day summit. Iranian President Hassan Rouhani and Qatar's Emir Sheikh Tamim bin Hamid Al-Thani, two countries having tense relations with Saudi Arabia, were invited to attend the Summit.
Saudi Arabia was of the opinion that Summit was the wrong forum to discuss matters of importance to the world's 1.75 billion Muslims.  Saudi King Salman believed that such issues should be discussed through the Organization of Islamic Cooperation (OIC).
However, some analysts suspected the Kingdom feared being diplomatically isolated by regional rivals Iran, Qatar and Turkey. A quote of James Dorsey, a senior fellow at S Rajaratnam School of International Studies and Middle East Institute in Singapore just can’t be overlooked.
He said, “The issue is that you've got blocs. “You've got a Saudi-UAE bloc, Turkey-Qatari bloc, and Pakistan in the middle trying to hedge their bets.”
Defending the summit, Mahathir's office issued a statement saying there was no intention to create a “new bloc as alluded to by some of its critics”.
“In addition, the Summit is not a platform to discuss religion or religious affairs but specifically to address the state of affairs of the Muslim Ummah,” it said.
However, one just can’t ignore what Mahatir had told Reuters. He had expressed frustration with the OIC's inability to forge a united front and act decisively.

Friday 20 December 2019

United States having inflicted hunger around the world faces the same fate


In July of 2013, Rose Aguilar wrote a wonderful article for al-Jazeera, discussing the dire hunger crisis prevailing in the United States. In her article, she brought back a memory of something people had long forgotten, an event that so outraged the American public that the government was temporarily forced to respond with more humane policies. That event was a 1968 CBS special hour-long documentary called Hunger in America, in which viewers literally watched a hospitalized child die of starvation. The then president, Nixon responded because the public outrage left him no choice, but Reagan quickly dismantled those improvements.
When Reagan came to power in 1980, there were 200 food banks in the US; today there are more than 40,000, all overwhelmed with demand and forced to ration their dispersals. Before 1980, one out of every 50 Americans was dependent on food stamps. Today, it is one out of four. Before Reagan, there were 10 million hungry Americans; today there are more than 50 million and the number is increasing with the passage of time.
A substantial part of the Great Transformation included not only tax cuts and other benefits for the wealthy, but a simultaneous massive reduction in budgets for social programs – in spite of the fact that Reagan and the secret government were creating the conditions that would desperately require those same social programs.
That 50 million hungry Americans today includes the 25% of all children in the US who go to sleep hungry every night. About 25% of the American population today cannot buy sufficient food to remain healthy, with most of these being hungry for at least three months during each year. It is so bad that many college students have resorted to what is called “dumpster-diving” – looking in garbage bins for edible food.

According to a WFP and FAO investigation, food shortages and food insecurity deteriorate in areas affected by conflict. The most critical situation is recorded in Yemen, plagued by wars and epidemics. Syria and Lebanon are also of concern. Food insecurity and famine in conflict-affected countries, especially in the Middle East, continue to worsen in the face of growing problems in the delivery and distribution of aid to the population.
The latest report prepared by the UN agencies focuses on food insecurity in 16 countries in the world: Afghanistan, Burundi, Central African Republic, Democratic Republic of Congo, Guinea-Bissau, Haiti, Iraq, Lebanon (Syrian refugees), Liberia, Mali, Somalia, South Sudan, Sudan, Syria, Ukraine and Yemen, in addition to the Lake Chad Basin. The joint FAP-WFP survey shows that in over half of these nations, a quarter or more of the population live in crisis situations or in levels of emergency regarding hunger.

Economically destroyed, socially unstable and now hungry, Venezuela is undergoing turbulent times. Known as “Saudi Arabia” of South America, today Venezuela more closely resembles Syria. Economically destroyed and socially unstable, the country is now fighting an ever more alarming specter hunger. In the slum of Petare in the metropolitan area of the capital, Caracas, refrigerators remain empty, supermarket queues grow longer and the necessity of procuring something to eat drives young people to violence. 
Many come together in armed gangs, plunder houses and shops, rob food from passersby and are paid in foodstuffs. Unsustainable inflation has caused prices to double week after week; today, nine out of 10 Venezuelans do not feel they have the sufficient resources to buy food. For some time now the government has been trying to remedy ‘Clap plan’, which distributes food to civilians. But this does not seem to be enough and hunger is now one of the greatest threats to Venezuela’s fragile national security.


Tuesday 17 December 2019

Turmoil in China and Iran


From Hong Kong to Tehran to Buenos Aires, the world seems in turmoil. A question is getting louder, what is triggering global unrest. There is so much unrest throughout the world at any point that it would appear to be merely the normal chaos. However, a point is very clear reasons for turmoil are unique for each country and often multiple. China and Iran are very different places, each with its own geopolitical circumstances.
One of the conspiracy theories suggests single element that is common to all countries, economic chaos of 2008 that originated from the United States. More than a decade ago the international economic system got a jolt and the turmoil continues to date. The weakness in the global economy is magnified by the unsolved problems lingering since 2008. It is also evident that economic problems have transformed into political ones. Add to this the shift in US strategy, away from military interventions to economic confrontations. The shift in US strategy is affecting the global economic system in general abut China and Iran in particular.
Let the analysis begin with riots in Hong Kong. In 2008, China was a powerful exporter, but also dependent on exports for social stability. The financial collapse created a profound crisis. An economy built on efficient exporting staggers when its customers are unable to buy its goods. The export crisis compounded the financial crisis, as cash flow from exports contracted. This followed a series of purges designed officially to weed out corruption and unofficially to find scapegoats for China’s problems and to intimidate potential opposition. Chinese government promising prosperity started opting austerity. The purges were the beginning of a systematic repression in China that sought to retain Chinese economic dynamism without an equivalent political dynamism.
Things got worse when the United States, China’s biggest customer, imposed punitive tariffs on Chinese goods and demanded access to China’s markets. There was also an implied demand for political concessions. The pressure from the United States increased the pressure still present from 2008. It in turn intensified suppression. Chinese insecurity compelled the Communist Party to seek increased control over Hong Kong, with an extradition law that would permit China to extract Hong Kong citizens. This triggered the worst instability in Hong Kong.
Let us move from China to Iran, the two countries having no similarities. The 2008 crisis triggered a slowdown in consumption and therefore in production. In the long run, this inevitably caused major declines in the prices of commodities, the most important being crude oil. Iran continued to export despite economic sanctions. However, low oil prices weighed on it, causing pressure on the economy, and eventually restlessness in the society. As with China, the US imposed economic penalties on Iran for reasons that have little to do with the economy. Regardless, the effect of the global shift in oil pricing, coupled with intense economic pressure from the US, over the time generated intense unrest and government repression.
There has been unrest in countries in which the US has strategic interest. Lebanon, Argentina, Chile and others all went into crisis for idiosyncratic reasons – including an emerging global economic slowdown. In all these countries, there are political problems that do not derive from 2008 economic crisis but certainly by US pressure. In some, such as Lebanon, there are economic problems that are mostly caused by external forces.
According to some analysts, while no general theory of unrest seems plausible, a special theory gets credential. The countries most dependent on either industrial exports or the sale of industrial commodities were harmed the most, though some have recovered. The addition of US economic pressure as a tool of foreign policy has compounded this problem, generating unrest. The US pressure would not have been nearly as effective without 2008. It is now triggering internal political consequences that are threatening the ability of regimes to cope.
Iran faces a difficult time and the stakes are high, from potential war with the United States to reversal of its gains across the Middle East to future of its revolutionary state. It is a defining moment for Tehran – perhaps the most critical since the Iranian Revolution of 1979 that has been prompted by the Trump administration’s “maximum pressure” campaign of sanctions. On top of all protests in Iran, Iraq and Lebanon have also charged the atmosphere.
What’s clear is that the growing scale of the challenge makes it difficult for Iran to pursue its earlier approach toward mounting US pressure. It is also not clear how Tehran will respond to this historic test with more military escalation, diplomatic compromise – or a combination of both.
Diplomats in the Middle East argue that the United States has put itself in a good position to shape that choice. They argue Washington could take advantage of Iran’s increased difficulties by working more closely with European and Mideast allies to frame an offer that would ease sanctions but put in place a process that would block Iran’s path to a nuclear weapon and end its foreign policy of regional meddling.
However, that sounds like wishful thinking in the world of Washington’s distractions, transatlantic distrust and Iranian outrage. Trump administration officials are sanguine, arguing that at the very least the sanctions have cut deeply into the resources Iran can invest in its proxies. Protests at home and abroad are usefully soaking up regime energies.










Saturday 14 December 2019

History of protests in Iran spread over four decades


The protests of 1979 which led to return of religious cleric Ruhollah Khomeini to Iran and end to the rule of Shah Mohammad Reza Pahlavi still mesmerize the United States. Over the last four decades the United States imposed economic sanctions, but failed in forcing Iran to accept its hegemony. Over the years United States has sponsored and orchastered movements similar to 1979 protects to bring the change the prevailing administrative structure of Iran, but all in vain. In this article I have used details mostly published in the western media, some of the numbers may look exaggerated.   
Islamic Revolution (1979)
Major protests against the rule of Shah Reza Pahlavi began in January 1978 after an Iranian newspaper, Ettelaat, published a front-page editorial insulting Ruhollah Khomeini, a well-respected cleric, at the direction of the Shah. In reaction to the publication, several thousand protesters attacked symbols of the monarchy and clashed with security forces in the conservative city of Qom.
The opposition movement attracted millions of Iranians from all social strata. The monarchy was brutal, repressive and did not have popular support. Leftists wanted a more democratic system of government. Conservatives opposed the monarchy’s rapid westernization and secular outlook. High unemployment and inflation after 1977 economic collapse exacerbated tensions.
Between March and May 1978, the unrest spread to more than three dozen Iranian cities. On September 8, 1978, a day known as “Black Friday,” the regime imposed martial law and security forces opened fire on demonstrators in Tehran’s Jaleh Square, killing more than 100. By December 1978, protests had spread to nearly all of Iran’s major cities and dozens of smaller towns.
The Shah and his family fled the country for Egypt on January 16, 1979. Khomeini returned from exile and was welcomed by millions of people in the streets of Tehran. Khomeini officially took control of the government after a referendum establishing the Islamic Republic on April 1, 1979.
Price Hike Protests (2019)
In a surprise announcement on November 15, 2019, Iran hiked gas prices—by up to 300 percent—and introduced a new rationing system. The prime objective of the seemed raising funds to help the poor, but it backfired. The protests swept 100 cities over four days. They first broke out in oil-rich Khuzestan province, in Iran’s southwest but quickly spread to other regions, including Mashhad, a conservative stronghold and Iran’s second largest city, in the northwest. Demonstrators reportedly chanted anti-government slogans, including, "Have shame Rouhani, Leave the country alone!"
The regime used tear gas, water cannons and live ammunition to disperse the protesters. The government also nearly completely shut down the internet for five days to prevent images of the protests and crackdown from spreading over social media.
According to an Amnesty International report by December 2, at least 208 protesters had been killed. The Center for Human Rights in Iran estimated that 4,000 people were arrested. Iran rejected the reports by outside groups. The US State Department estimated that the regime killed more than 1,000 people, including at least a dozen children, but acknowledged that verification was difficult. Special Representative for Iran, Brian Hook, said US officials “know for certain” that the death toll was in the “many, many hundreds.”
Economic Protests (2017)
On December 28, 2017, demonstrators in Mashhad, Iran’s second largest city took to the streets to protest the government’s economic policies and the high prices of basic goods and commodities. The demonstrations quickly spread across the country to over 140 cities in every province, organized largely through social media messaging apps. The scope of the protests also expanded from economic woes to Iranian involvement in the Middle East and calls for regime change. Slogans included “not Gaza, not Lebanon, my life for Iran,” “leave Syria, think about us,” “Khamenei, shame on you, leave the country alone!" and "death to the dictator.” The protests were the largest and most intense since the 2009 Green Movement. But unlike the Green Movement, the 2017-18 protests were largely leaderless and disorganized. After two weeks of protests, at least 22 protesters were killed and more than 3,700 were detained. 
Green Scarf Movement (2009)
The Green Scarf Movement took its name from a green sash given to Mir Hossein Mousavi by Mohammad Khatami, Iran’s two-term president and the reform movement’s first standard-bearer. It reached its height when up to 3 million peaceful demonstrators turned out on Tehran streets to protest official claims that Mahmoud Ahmadinejad had won the 2009 presidential election in a landslide. Their simple slogan was: “Where is my vote?” The movement soon embodied the frustrated aspirations of Iran’s century-old quest for democracy and desire for peaceful change.
Over the next six months, the Green Movement evolved from a mass group of angry voters to a nation-wide force demanding the democratic rights originally sought in the 1979 revolution, rights that were hijacked by radical clerics. Every few weeks, protesters took to the streets to challenge the regime and its leadership. But by early 2010, the regime had quashed public displays of opposition. The Green Movement retreated into a period of soul-searching and regrouping.
Riot police and Basij paramilitary forces violently suppressed the demonstrations immediately following the election, which attracted more than 40,000 Iranians. Between June 2009 and February 2010, more than 30 protesters were killed and 4,000 were arrested.
Student Protests (1999)
On July 8, 1999, students at Tehran University gathered to protest the government’s closure of a popular reformist newspaper, Salaam. The student groups supported then President Mohammad Khatami (1997-2005) and his reformist political faction, the Association of Combatant Clerics, which operated Salaam. The demonstrations were initially peaceful. But later that evening, security forces attacked a Tehran University dormitory where the student protesters were holed up. Riot police beat the students with clubs and set several rooms on fire. At least one student was killed and hundreds more were wounded. Police arrested more than 1,500 of the protesters. The attack on the student dormitory sparked widespread anger and protests that spread across the country. More than 10,000 demonstrators chanted slogans against government hardliners and clashed with police in the streets.
Protests continued for six days. By the end of the unrest, at least four protesters were killed and an estimated 1,200 to 1,400 were detained. Khatami seemed helpless to protect his base of supporters. His silence when security forces and thugs beat up protesting students at Tehran University were indicators that he had lost the initiative. Control had passed to the hardliners. The government finally quelled the protests on July 13 after a ban was announced on rallies. But the student protests laid the foundation for the Green Movement a decade later.

Tuesday 3 December 2019

Is OPEC the other name of Saudi Arabia?


A meeting of Organization of Petroleum Exporting Countries (OPEC) is scheduled for 5th December 2019; the day Aramco is also due to announce the final offer price. The producers are expected to extend their supply pact at the meeting. It is anticipated that delegates may discuss deeper supply cuts amid forecasts of supply glut in 2020.
Analysts are pinning hopes on the meeting because oil prices slipped to US$63 a barrel after spiking to US$72 in the aftermath of 14th September 2019 attacks on Saudi oil facilities. The current price is below the levels many OPEC countries need to balance their budgets and below the levels officials say they favor.
OPEC, Russia and other allies, known as OPEC+, had agreed to reduce supply by 1.2 million bpd. OPEC’s share of the cut is about 800,000 bpd, to be shared by 11 members, except Iran, Libya and Venezuela.

United States the game spoiler
Voracious appetite for oil of United States has always been a strategic Achilles’ heel, with that vulnerability put on display to the world to during the 1973 Oil Crisis. A chronic hypersensitivity to oil supply crunches and price volatility helps US shape its foreign policy – it has been the driving force behind US partnership with the historic oil market maker Saudi Arabia. That is the reason the US Navy’s 5th Fleet patrols the critical choke points of the Gulf (the Strait of Hormuz), the Suez Canal and the Strait of Bab al Mandeb – the southern entrance to the Red Sea.
US has reached a record breaking 12.8 million barrels per day (bpd) of oil production in November in 2019 – a new high watermark for the industry. Earlier in September, US had achieved something yet more impressive when it exported more petroleum products than it imported. For the world’s leading oil buyer this is a big deal. America consumes over 20% of the global production of 99 million bpd of daily crude production, with China holding the number 2 spot at 13% and India in a distant 3rd at 5%.
Today the US leads the world in the production of petroleum products, including crude oil, petroleum liquids and biofuels with 17.9 million barrels per day, or 18% of the petroleum market. At present the US is ahead of Saudi Arabia, with 12.4 million bpd or 12% of the world's total output, and Russia producing 11.4 million bpd or 11% of the global market.


According to a Reuters report, oil output by OPEC fell in November mainly because Saudi Arabia kept a lid on supply to support the market before the initial public offering (IPO) of state owned Saudi Aramco. It was also supported by reduced production by Angola due to maintenance.
At an average, the 14-member OPEC pumped 29.57 million barrels per day (bpd) during November, down 110,000 bpd from October’s revised figure. Production from the two other exempt producers, Libya and Iran, was reported unchanged.
During November 2019, Saudi Arabia pumped 9.85 million bpd, down 50,000 bpd from October. Riyadh’s output had jumped by 850,000 bpd in October after the September attacks, but remained below its stipulated quota by OPEC. In November, the country pumped around 400,000 bpd less than the agreement allows.
OPEC’s largest production drop of 140,000 bpd was because Angola exported less crude in November due to maintenance. The African producer was already pumping far below its OPEC quota due to a natural decline in production and a lack of new fields coming online, rather than due to voluntary restraint.
The 11-OPEC members bound by the agreement, which for now runs until March 2020, have easily exceeded the pledged cuts. Compliance has been encouraging, although Iraq and Nigeria remain laggards among larger producers.
OPEC’s second-largest producer Iraq has pumped slightly less, but continues to overshoot its target.
Nigeria, which has consistently pumped more than its OPEC target, continued to do so in November, although output edged lower this month.
Among countries pumping more, the largest increase was in Kuwait, which increased output by 70,000 bpd to 2.72 million bpd, reaching its exact quota level.
Ecuador also pumped more after a decline in October, when protests against government austerity measures led to several fields being shut down.
Venezuela, which is contending with US sanctions imposed on state oil firm PDVSA and a long-term decline in output, managed a small boost to supply with exports increasing in November.