Iraq’s new prime minister, who was granted a vote in confidence by the country’s parliament early Thursday, wants to restore the oil market share of OPEC’s second largest oil producer and renegotiate contracts with IOCs, according to his government program. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mustafa al-Khadhimi, the former intelligence chief of Iraq, listed the measures in the government program that the parliament voted on Thursday. The government program was published on the parliament’s website. Iraq should open “serious negotiations” to restore its oil exports share that has shrunk lately, according to the program. Iraq took the biggest hit to production for OPEC members in April, losing 110,000 b/d as low fuel […]