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Iraq will not leave OPEC but seeks fair output quota, PM says

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Iraq will not leave OPEC but seeks fair output quota, PM says

Iraq said it will not leave OPEC, but will seek a “fair” output quota inside the group, per Prime Minister Ali al-Zaidi. The statement signals potential quota renegotiation rather than an immediate supply shock, which may influence expectations for OPEC volumes and oil market balance.

Analysis

Iraq said it will not leave OPEC, but will seek a “fair” output quota inside the group, per Prime Minister Ali al-Zaidi. The statement signals potential quota renegotiation rather than an immediate supply shock, which may influence expectations for OPEC volumes and oil market balance.

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