KUWAIT OPEC’s secretary-general is investigating whether the global deal among oil producers to cut output needs to be extended, Iraqi Oil Minister Jabar Ali al-Luaibi told reporters on Sunday.
He also said there were some encouraging elements which suggested the oil market was improving, and that if all OPEC measures agreed to measures to help the stability of prices, Iraq would support those measures.
Iraq’s oil production is running at 4.31 million barrels per day in March, he added.
(Reporting by Rania El Gamal and Vladimir Soldatkin; Writing by Andrew Torchia)
Traduction Partielle par l’équipe ForexInfos