27.03.2015 - Iraq supports Opec policy to defend market share
Iraq supports the Organization of the Petroleum Exporting Countries (Opec's) policy of defending the group's market share by keeping oil production steady, an Iraqi parliamentary oil official said, despite pressure on the Arab state's budget. The 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 told reporters on the sidelines of an industry event in Doha...............................................Full Article: Source
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