Comments by Iraq's oil minister Jabbar Alluabi

  • Iraq doesn't intend to increase oil output this year
  • Have many ideas, options for OPEC meeting
  • Working to narrow Iran-Saudi gap ahead of meeting

Iraq is among those supporting Iran and Venezuela to keep the existing OPEC+ agreement as it is at least until the end of 2018. Saudi Arabia on the other hand wants to open its taps again, so it'll be interesting to see which side - if any - gives in come Friday.