Economist: Iraq can not get an exception from the reduction of oil production
said the economic expert haven secretary: "that [You must be registered and logged in to see this link.] is not able to obtain an exception to the decision (OPEC) to reduce production, for being Aieih conditions similar to the conditions of countries that got it, and Aatard to economic sanctions . " .
The secretary said in a press statement: "better for Iraq to include the decision to cut production, that remains on the previous production as crude prices fall to the numbers do not work."
He called the economic expert government to control the smuggling of crude by some process To limit [You must be registered and logged in to see this link.] vulnerability to [You must be registered and logged in to see this link.] decision to cut its output in order to keep [You must be registered and logged in to see this link.] prices down in recent months.
"The decision of the Organization of Petroleum Exporting Countries (OPEC) to reduce its crude production by 1.2 million barrels per day after two days of talks is a positive decision and push towards controlling the volatility of the market," he said.