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Iraq seeks to increase its oil production quota in OPEC

June 27, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
AL24 | الاقتصاد

Iraq expressed confidence that its request to increase its production quota in the Organization of the Petroleum Exporting Countries (OPEC) will be met, based on what the Ministry of Oil described as a 'high-level understanding' among member countries regarding the exceptional circumstances it has faced. The spokesperson for the Ministry of Oil, Salim Al-Rakabi, told the Iraqi News Agency on Saturday that this understanding 'takes into account the exceptional circumstances that Iraq has gone through over the past four decades' of wars and conflicts. The Iraqi position comes ahead of the monthly...

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