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OPEC May Bring Forward Next Meeting if Iraq Crisis Disrupts Exports

Posted on 19 June 2014

The Organization of the Petroleum Exporting Countries could meet ahead of schedule if the continuing crisis in Iraq disrupts the country’s exports of crude oil, officials from Gulf states that are members of the cartel said Wednesday.
At the end of its latest meeting last week, OPEC said it would keep its production ceiling for 2014 at 30 million barrels of oil a day and would next meet on Nov. 27. But that plan could change if the oil supply from Iraq is disrupted. Iraqi oil exports currently run at around 2.5 million barrels of oil a day…………………………………..Full Article: Source


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