Economy

Iraq: the decision on the possible extension of the OPEC agreement and the independents in November

Moscow (INA) – Iraqi Oil Minister Jabbar Al-Luaibi said today, Friday: The decision to extend the global oil production agreement between OPEC and non-member producers will be in November. Al-Luaibi told reporters during a visit to Moscow that Iraq would comply with the decision in the event of an extension of the OPEC-led agreement, in order to help bring stability to the oil market. He explained, according to Reuters, that Iraq's oil production currently stands at 4.32 million barrels per day, with exports amounting to 3.23 million barrels per day. He said: Kurdish oil exports amount to between 300 and 350 thousand barrels per day. (End) h p

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