OPEC + agreement: Iraq and Saudi Arabia are coordinating to commit to reducing production

Baghdad-Al-SHARQIYA    August  7 : Iraqi Oil Minister Ihssan Abdul-Jabbar discussed with Saudi Energy Minister Abdulaziz bin Salman bin Abdulaziz issues related to crude oil production cuts according to the OPEC Plus agreement
The Saudi News Agency stated that the contact between the two sides focused on the continued recovery in the global demand for oil, and the progress achieved towards implementing the OPEC Plus agreement, and they confirmed Baghdad and Riyadh's full commitment to the agreement.
Ihssan Abdul-Jabbar confirmed that Iraq will reach 100% commitment to the agreement at the beginning of August. It will also add a reduction of 400,000 barrels per day in its production in August and September to compensate for the increased production in May, June and July.


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