Iraqi OilMin: Agreed with Saudi Arabia on extending OPEC oil output cuts for further 9 months

Eren Sengezer FXStreet

According to a recent report by Reuters, after meeting with the Saudi Energy Minister, Iraqi Oil Minister announced that they agreed with Saudi Arabia on extending OPEC oil output cuts for further 9 months. Saudi Energy Minister also confirmed that Iraqi PM and Iraqi oil minister both agreed to extend the cut for 9 more months.

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Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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