‘The only way’: Iraq calls for oil production freeze
The head of Iraq’s state oil selling company said the world’s biggest producer nations must agree to freeze production this week to prop up the crude price. Ahead of a meeting of ministers from Opec and non-Opec countries in Doha on Sunday, Falah Alamri, director general of the oil marketing company of Iraq, said: “They […]Anjli Raval writes for Financial Times :
The head of Iraq’s state oil selling company said the world’s biggest producer nations must agree to freeze production this week to prop up the crude price.
Ahead of a meeting of ministers from Opec and non-Opec countries in Doha on Sunday, Falah Alamri, director general of the oil marketing company of Iraq, said: “They should do this deal as this is the only way to support the oil price.”
“Everybody needs it and Iraq supports this deal,” he said.
The meeting in Qatar will bring together countries from defacto Opec leader Saudi Arabia to Russia and Venezuela to try to freeze output in a bid to hasten the end of an oil glut, writes Anjli Raval.
