Iraqi oil minister: Oil market is stabilizing

28 Mar 2018 12:49 PM

Jabber al-Luaibi, Iraqi Minister of oil, made the following statements:

  • Oil prices are improving.
  • Iraq will decide by year-end whether to continue to cut output.
  • We will not deviate from any OPEC decision on the oil supply.
  • At the next OPEC meeting we will decide on production in 2019 if the production cut will be extended or not.

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