Baghdad-Al-SHARQIYA August 6 : A report by the American "Oil Price" website stated that Iraq will have to comply 100% with the OPEC Plus agreement during the months of August and September concluded, after the organization began to lose its patience with Iraq.
The report quoted Iraqi Oil Minister Ihsan Abdul-Jabbar as saying that this leniency from OPEC Plus will not last long, and that Iraq's non-compliance means non-compliance by others, which means the collapse of oil prices, such as what happened in March and April and its impact on the Iraqi economy.
Crude production increased for the Organization of Petroleum Exporting Countries (OPEC) last month, as members of the Arab Gulf canceled additional supply cuts aimed at rebalancing the market.
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