Iraq oil minister: Decline in oil has stopped, prices to improve gradually

Haresh Menghani FXStreet

Iraq oil minister Thamir Ghadhban was out on the wires in the last hour, saying that any decision related to further OPEC cuts depends on monitoring price developments.

Additional quotes:

• The decline in oil has stopped, prices to improve gradually.
• Has not reached any agreement so far with Iran to develop joint oil fields.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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