Iraq does not expect OPEC+ to make further cuts at June meeting | Reuters News Agency
Energy

Iraq does not expect OPEC+ to make further cuts at June meeting

In an exclusive interview with Reuters, Iraq’s oil minister Hayan Abdel-Ghani said they do not expect OPEC+ to make further cuts to oil output at its next meeting in June, the first indication from an OPEC minister about a potential decision as oil prices slide.

Market Impact

Brent crude futures were at $75.25 a barrel at 1710 GMT, set to end the week flat after three weeks of decline. 



Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Middle East
Countries: Iraq
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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