Natural Gas Prices Spike On Colder Weather

Markets OPEC+ production is still lagging, but a new S&P Platts survey shows OPEC+’s December production was up 310,000 bpd, which is more than Reuters’ figures. Of that, OPEC’s production was up 190,000 bpd of its 235,000 share, and OPEC’s allies’ production was up 120,000 bpd. Most of the production increases were from Venezuela, Kazakhstan, Saudi Arabia, Iraq, and Angola. Iraq says it can increase its oil exports by as much as 250,000 bpd starting in Q2, to 3.45 million bpd, after it finishes the installation of pumping…