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Interview - Iraq says most oil majors participating in its OPEC cuts

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Reuters LONDON

LONDON (Reuters) - Iraqi oil minister Jabar al-Luaibi said on Monday that most oil majors working on its territory were participating in oil output reductions agreed as part of the deal between OPEC and non-OPEC producers to help to balance the market.

He also said it was too early to say if the deal needed to be extended beyond the first half of 2017.

(Reporting by Alex Lawler and Dmitry Zhdannikov; Editing by David Goodman)

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First Published: Jan 23 2017 | 10:00 PM IST

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