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Wednesday, 31 August 2016

Iraq gives backing to Opec output freeze - FT.com

Iraq gives backing to Opec output freeze - FT.com:

"Iraq’s prime minister Haider al-Abadi has thrown his weight behind plans for major oil producers to freeze production next month, verbally backing the attempt to boost prices even as Baghdad expands its own output.
Mr Abadi said Iraq, the second largest oil producer in Opec, was “with” those looking to cap production, giving the strongest indication yet Iraq may consider joining the freeze, though stopping short of committing to participating."



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