Saudi Arabia and OPEC Arabian Gulf Members Is Ready To Cut Production 4%

Iraq said the second-largest crude producer in OPEC this week that he would not reduce production, should be exempted from any reduction due to the need for funds to fight the organization of the Islamic state. It is likely that corresponds to the position of Baghdad opposition from Riyadh and its allies in the Gulf, said sources, OPEC said.

One source said OPEC’s comments on Iraq claims “if there is a cut should be on everyone’s to do so and exemptions.”

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Saudi Arabia and OPEC Arabian Gulf Members Is Ready To Cut Production 4%
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