Iraq pledges to step up oil production cuts in August and September – Yahoo Finance
DUBAI (Reuters) – Iraq said on Friday it would cut oil production by an additional 400,000 barrels a day in August and September to make up for its overproduction in the past three months.
Iraqi Oil Minister Ihsan Abdul Jabbar said in a joint statement with his Saudi counterpart, Prince Abdulaziz bin Salman, that the reduction in Iraqi production was on top of the 850,000 bpd it was making. was…