Iraq’s oil minister expects OPEC to stick to October oil production deal

Iraqi Oil Minister Ihsan Abdul-Jabbar said that OPEC and its allies will try to keep oil prices at $70 a barrel in the first quarter of 2022, expecting the group to adhere to the current production agreement when it meets in October if prices remain stable.
The minister added at a press conference in Baghdad that Iraq’s total oil exports, including those of the northern Kurdistan region, are expected to average 3.4 million barrels per day in September.

Source: agencies

Al-Manar channel


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