Iraq committed to OPEC+ oil output rates, says oil minister

Iraqi oil minister Hayan Abdul Ghani on Sunday said his country is committed to maintaining its 220,000 barrel per day (bpd) oil output in line with OPEC+ rates.

A technician at the Rumaylah oil field near Iraq's southern port city of Basra, March 19, 2022. (Photo: CFP)

Speaking during a conference in Baghdad, he also said Iraq is ready to increase production if required by OPEC+.

"We obliged some oil companies operating in the south to cut production to come in line with OPEC+'s agreed rates," he added.