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[rtl]Date of release: 2017/9/19 10:23 • 50 times read[/rtl]
(Reuters) - Oil Minister Jabbar al-Luaibi said on Tuesday it was too early to decide on what OPEC and its outside producers should do after March 2018, when the current cut-off agreement expires.
"It is too early to reach a conclusion or a decision seven months before March, there are talks, dialogues and an exchange of views," the minister told an energy conference in the UAE. He said some oil producers believe the deal should be extended for several months after March, while others want to extend the agreement until the end of 2018 while some believe, including Iraq, that there should be another round of production cuts. "
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Oil Minister: Iraq needs a new reduction in OPEC production
[/rtl][rtl]Date of release: 2017/9/19 10:23 • 50 times read[/rtl]
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[rtl](Reuters) - Oil Minister Jabbar al-Luaibi said on Tuesday it was too early to decide on what OPEC and its outside producers should do after March 2018, when the current cut-off agreement expires.
"It is too early to reach a conclusion or a decision seven months before March, there are talks, dialogues and an exchange of views," the minister told an energy conference in the UAE. He said some oil producers believe the deal should be extended for several months after March, while others want to extend the agreement until the end of 2018 while some believe, including Iraq, that there should be another round of production cuts. "
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