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Unlikely that OPEC and non OPEC can agree on output cut – Iraqi oil minister

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 27, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - Iraqi oil minister Zebari said Iraq is willing to attend OPEC meetings being sought by Venezuela, but expressed doubts on whether OPEC and non-OPEC members can agree on production cuts.

    Key Quotes

    Iraq would only consider cutting output if all producers do the same

    Oil prices could rebound in the spring on lower shale output
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