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Oil Minister: Iraq is fully committed to OPEC's agreement

Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS

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Oil Minister: Iraq is fully committed to OPEC's agreement Empty Oil Minister: Iraq is fully committed to OPEC's agreement

Post by Ponee Sat Mar 25, 2017 6:55 pm


Oil Minister: Iraq is fully committed to OPEC's agreement NB-198943-636260511439363768

 
 
 
Alsumaria News / Baghdad
Oil Minister Ali Jabar Luaibi, said on Saturday that Iraq is fully committed to OPEC's agreement on the reduction of oil production.
 
Allaibi said according to " Reuters ", " The market is a critical factor in making a decision on the extension of the Organization of Petroleum Exporting Countries cuts oil agreement (OPEC)."
 
He added that "the market will decide. Market is a critical factor," adding that "Iraq is fully committed to OPEC's agreement in force with effect from January until the end of June."
 
The OPEC agreed to cut production by 1.2 million dollars per day, starting from the first of January last.



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