So says the Iraqi oil minister 19 Sept

  • has exceeded its share in cuts
  • current oil production at 4.32mln bpd
  • it is premature to reach a conclusion over extension to supply cuts beyond March 2018
  • some producers want extension until end 2018
  • some producers inc Iraq think there should be another cut in output

Oil price liking the comments. WTI nudging up to $50.37 from $50.20

Seems like a decent line in the sand there for the moment.

WTI 15m

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