Iraq Can’t Commit To OPEC’s Oil Output Deal
By By Bilal Wahab, / Thursday, December 1, 2016 10:00 AM
Despite pressure from OPEC to cap its
oil production, the Iraqi government can neither afford a production cut
nor enforce it upon the Kurdistan Regional Government. Under tremendous
fiscal pressure, OPEC members may cut a deal in Vienna this week that
would cap oil production in order to raise global prices. The deal is
being
|
No comments:
Post a Comment