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Tuesday, 22 November 2016

Iraq says would not be fair to be asked by OPEC to cut oil output | Reuters

Iraq says would not be fair to be asked by OPEC to cut oil output | Reuters:
"OPEC should allow Iraq to continue raising output with no restrictions, Foreign Minister Ibrahim al-Jafari told reporters in Budapest on Tuesday, commenting on a plan by the organisation to limit supply in order to support prices.

"We think we should increase output. Iraq is in a special situation ...we are at war," he said, referring to the ongoing military campaign to defeat Islamic State.

"It would not be fair for us to cut oil output.""

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