Iraq Says It Has No Expectations about Fate of OPEC+ Supply Hike

Iraqi Oil Minister Ihsan Abdul Jabbar said on Saturday that his country does not have any expectations about whether the current monthly increase in supply of 400,000 bpd by OPEC+ will stay in place, the state news agency reported.

He added that any decision taken by OPEC+ would be based on the information provided by technical experts, and that members of the oil producing group were waiting for reports and research from the market.