February 3, 2023

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We are committed to our agreement with OPEC+

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Iraq oil minister

Iraq’s oil minister is on the wires saying:

  • We are committed to our agreement with OPEC+
  • We will work and coordinate with rest of OPEC+ members to achieve stability of oil prices
  • What happened on Monday normal discussions, and we think a solution will be reached soon
  • We don’t want price war and we don’t want oil prices to rise more than current levels
  • We support extending the current agreement until end of 2022 and a gradual increase in oil output
  • Hopes that in 10 days there could be a day for the next meeting

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