SULAIMANI (ESTA) — Iraq is keen to maintain stable oil prices at not more than $100 per barrel, Prime Minister Mohammed Shia al-Sudani told reporters on Saturday.
Iraq, a member of the Organization of the Petroleum Exporting Countries (OPEC), will have discussions with other members to reconsider and increase its production quota, he added in a briefing.
“Iraq is keen for the stability of energy prices, we do not want prices to increase above $100 and neither, at the same time, for them to fall in a way that affects the level of supply and demand,” he said.
Sudani’s cabinet took office in late October, ending more than a year of deadlock since a parliamentary election. He was backed for the post of prime minister by an alliance of Iran-aligned factions.
