A general view shows a lake of oil at Al-Sheiba oil refinery in the southern Iraq city of Basra, in this January 26, 2016 file photo. Iraq’s prime minister said the country has not yet reached its full oil market share, suggesting his government would not restrain crude output as part of any possible OPEC agreement to lift prices. “And the capping, we are not open to that because Iraq is still below what it should produce,” Haider al-Abadi told reporters, responding to a question about whether the second-largest OPEC producer would be open to such a deal. Venezuela, whose economy like Iraq’s has been hit hard by the oil price collapse, has for months sought to rally producers toward an agreement to limit production. Despite rising this year, oil at around $49 a barrel is less than half its level of mid-2014. Members of the Organization of the […]