Livesquawk with the comments from Iraq's oil min Zabari reported by Reuters

  • Iraq doubts OPEC and non-OPEC can agree on oil output cut
  • Iraq would only consider cutting output if all producers do the same
  • oil prices could rebound in the Spring on lower shale output

Brent and WTI holding recent gains from $30.83 and $30.14 session lows but further advances still limited at $31.21 and $30.46