Oil & Gas

19 Oct 2022

Iraq Reiterates Support for OPEC+, Saudi Arabia

19 Oct 2022  by   

A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic

Iraq's foreign ministry said late on Tuesday that it refuses any threatening or pressuring policy, reiterating its support for OPEC+ and Saudi Arabia after the alliance's decision to cut oil production by 2 million barrels per day caused a rift between Washington and Riyadh.

The ministry added in a statement carried by the state news agency that it calls for "resolving any disagreement related to this case through the natural means and in the context of a direct and balanced dialog".


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