Iraq, OPEC stress need to coordinate to stabilise prices

Iraqi Prime Minister Mohammed Shia al-Sudani speaks during a vote in his cabinet at the parliament in Baghdad, Iraq, October 27, 2022. Iraqi Prime Minister Media Office/Handout via REUTERS

SULAIMANI (ESTA) — Iraq’s Prime Minister Mohammed Shia al-Sudani and OPEC Secretary General Haitham Al Ghais stressed the need to coordinate among oil-exporting nations to ensure prices do not fluctuate and impact both exporter and consumer countries, the Iraqi government said in a statement.

Iraq is one of the founding members of the Organization of the Petroleum Exporting Countries (OPEC).

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