OPEC will stick to its decision on Dec. 4 to maintain a policy of not limiting production, despite the drop in global prices, Iraq’s oil minister said on Sunday, adding that any output reduction aimed at boosting prices would have to be coordinated with non-members. “We are in a real world, OPEC is not the only producer or the only player. So we have to see what the decisions of others should be – Russia and the United States and other producers,” Adel Abdul Mahdi told Reuters on the sidelines of an Arab oil producers’ meeting in Cairo. “OPEC can’t take a unilateral decision, for example, to cut production and others … raise production. Either we all go to cut production to really defend prices […]