Iraq Didn’t Ask for OPEC+ Oil-Cuts Exemption, Al-Sabah Says

  • Output cuts helping to support crude: oil minister in Al-Sabah
  • Monthly exports unchanged in November as economy struggles

An oil and gas field, north of Basra. 

Photographer: Haidar Mohammed Ali/AFP/Getty Images

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Iraq hasn’t asked for an exemption from OPEC+ limits on the country’s oil output for fear that an increase in production might cause crude prices to fall, Oil Minister Ihsan Abdul Jabbar said, according to state-run newspaper Al-Sabah.

Iraq Voices Frustration With OPEC Days Before Crunch Meeting