Iraq is committed to the OPEC+ oil production cuts agreement, the acting oil minister said Thursday, dismissing media reports that had questioned the ability of OPEC’s second largest member to trim output by 1.061 million b/d in May and June. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “The Ministry of Oil is completely committed to reducing Iraq’s oil production according to the terms of the OPEC+ agreement,” acting oil minister Ali Allawi said in a statement. A Reuters report Wednesday, citing unnamed Iraqi officials, said the country was cutting its oil output by around 700,000 b/d after it failed to persuade global oil companies operating its giant fields to agree to deeper reductions. OPEC+ […]