(MENAFN – Baystreet.ca) OPEC+ will meet again on March 4, but the group will likely agree to keep the same level of oil production through April 2021, Iraqi Oil Minister Ihsan Abdul-Jabbar said in a press conference on Wednesday.
Saudi Arabia will continue making its extra voluntary cuts of a million barrels per day, the Minister added.
‘I think in March the agreement will be that output will remain on the same level,’ the Minister said, adding that Saudi Arabia would continue making its extra voluntary cuts of a million barrels per day.
The Iraqi Oil Minister also reiterated its commitment to the production cuts, although it has yet to meet its promised quota.
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