Global Economy News

Iraq promises to reduce oil production in the coming months

Eviralnews,, quoted by Reuters, OPEC announced on Thursday that Iraq has taken decisive measures to compensate for the surplus of oil production and assured that in the coming months it will be fully committed to the OPEC+ production reduction agreement.

In a meeting with OPEC Secretary General Haitham al-Ghais on Thursday, Iraqi Prime Minister Mohammad Shia al-Sudani assured that his country will adhere to OPEC's oil production policy.

In this meeting, many issues related to the oil market and the impact of developments in the Middle East on production and export were discussed.

OPEC Secretary General has had two successful trips to Iraq and Kazakhstan.

In a meeting with the Prime Minister of Iraq, he emphasized the joint efforts of all OPEC members to stabilize oil prices.

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