Iraq oil minister says OPEC prefers deeper cut
LONDON, Dec 3 (Reuters) - Iraqi Oil Minister Thamer Ghadhban said on Tuesday OPEC members were leaning towards approving deeper oil output cuts at a meeting this week and no member was talking about increasing production.
He said the minimum scenario of the OPEC meeting with allies such as Russia would be a rollover of existing cuts of 1.2 million barrels per day. (Reporting by OPEC team; editing by Jason Neely)
© Copyright Reuters Ltd. All rights reserved. The information contained in this news report may not be published, broadcast or otherwise distributed without the prior written authority of Reuters Ltd.