Speaking at a forum on Tuesday in Abu Dhabi, Iraq’s Oil Minister Thamir Ghadhban said that “we are trying to agree to our commitment that we agreed with OPEC, but we are having difficulties”. Additional Quotes: The reason why is because we have been having difficulties with disagreements between the regional and federal governments. The Kurdish region has boosted its production, while Iraq’s domestic demand increased during the summer. Iraq intends to reduce its output starting in October to be more in line with OPEC cuts, with output reduced from state-operated oil fields. We had around 200,000 barrels a day [of domestic crude burn]during the summer, which is around 125,000 barrels a day above our winter demand. This was in addition to the increase in Kurdish production and higher export capacity. Starting this month, Iraq’s domestic crude burn will decline to about 80,000 to 85,000 b/d. Goldman Sachs cuts 2019 oil demand growth forecast, WTI hovers around $ 58 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK Labour’s Corbyn: A no-deal Brexit is a ‘Trump-deal Brexit’ FX Street 4 years Speaking at a forum on Tuesday in Abu Dhabi, Iraq's Oil Minister Thamir Ghadhban said that "we are trying to agree to our commitment that we agreed with OPEC, but we are having difficulties". Additional Quotes: The reason why is because we have been having difficulties with disagreements between the regional and federal governments. The Kurdish region has boosted its production, while Iraq's domestic demand increased during the summer. Iraq intends to reduce its output starting in October to be more in line with OPEC cuts, with output reduced from state-operated oil fields. We had around 200,000 barrels a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
