Commodities

Iraq Says It Won’t Agree to More OPEC+ Oil Output Cuts

An oil field and facility near Iraq's southern port city of Basra..

Photographer: Hussein Faleh/AFP/Getty Images
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Iraq’s oil minister said he won’t agree to more oil output cuts at the next OPEC+ meeting.

Asked if Iraq would agree to extend the cuts, Oil Minister Hayyan Abdul Ghani told reporters: “No, I think Iraq has cut enough and will not agree to any other cut.” It wasn’t clear if he was referring to an extension or a deeper cut.