OPEC countries agree with gradual oil production reduction by Russia, says Iraqi minister

Business & Economy December 07, 2018, 18:25

"We are in the same boat," Thamer Al Ghadban said

VIENNA, December 7. /TASS/. OPEC ministers agree that Russia will reduce oil production gradually within the framework of OPEC+ decision, Oil Minister of Iraq Thamer Al Ghadban told reporters on Friday.

"We agree with this, OPEC and non-OPEC," the minister said. "Non-OPEC [countries] will contribute about 400 thousand [barrels] per day" to oil production cut, he noted.

"Of course we have to agree with it [with gradual oil reduction - TASS]. We are in the same boat," the minister added.

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