26.03.2015 - Iraq supports OPEC policy to defend market share - official
Iraq supports OPEC's policy of defending the group's market share by keeping oil production steady, an Iraqi parliamentary oil official said on Wednesday, despite pressure on the Arab state's budget. The Organization of the Petroleum Exporting Countries (OPEC)holds its next meeting in June and so far looks set to keep policy unchanged. Adanan Al-Janabi, Iraq's chairman of oil and energy parliamentary committee, said this would be a move he agreed with. "Iraq is with the general consensus of OPEC that we should not be fighting for the price but rather for market share," he said...............................................Full Article: Source
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