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