Iraq Tells OPEC at What Oil Output Level It’s Ready to Freeze
- Iraq can support freeze ‘for a certain period’: SOMO official
- Country sees its oil production growing; won’t flood market
Iran's Oil Output Edges Higher
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Iraq has given fellow OPEC members the level of crude production at which it would be prepared to freeze output, according to the top official at the state oil marketing company.
The second-biggest producer in the Organization of Petroleum Exporting Countries could support a freeze “for a certain period,” Falah Al-Amri, the director general of Iraq’s Oil Marketing Co., known as SOMO, said in interview in Singapore on Thursday. He didn’t give any further details about the level at which the country is prepared to hold its production.