So says the Iraqi oil minister 19 Sept
- has exceeded its share in cuts
- current oil production at 4.32mln bpd
- it is premature to reach a conclusion over extension to supply cuts beyond March 2018
- some producers want extension until end 2018
- some producers inc Iraq think there should be another cut in output
Oil price liking the comments. WTI nudging up to $50.37 from $50.20
Seems like a decent line in the sand there for the moment.
WTI 15m