OPEC expected to roll over deal on supply cuts - Iraqi oil minister

FILE PHOTO: Iraqi oil minister Thamer Ghadhban speaks to the media during a handover ceremony at the ministry's headquarters in Baghdad, Iraq October 31, 2018. REUTERS/Khalid Al-Mousily - Copyright KHALID AL-MOUSILY(Reuters)

By Reuters

Published on 27/06/2019 - 12:34•Updated 26/04/2024 - 17:04

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LONDON (Reuters) - OPEC is likely to roll over a deal on cutting supplies at a meeting next week and keep curbs at least at the same level as those in place since Jan. 1, Iraq's oil minister said on Thursday.

Thamer Ghadhban also told reporters in London that Exxon <XOM.N> had completed an evacuation of its staff from an oilfield in southern Iraq over security concerns, a move Baghdad has said was unjustified. Iraq was also drawing up a heads of agreement on a new energy deal with the U.S. firm, he added.

(Reporting by Shadia Nasrallah and Ahmad Ghaddar; Editing by Edmund Blair)

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