OPEC’s second-largest producer and the most important laggard within the output cuts, Iraq, will additional cut back manufacturing and stays dedicated to the OPEC+ pact, stated Iraqi Deputy Prime Minister and appearing Oil Minister Ali Allawi. ...

Saudi Arabia’s high power official expects the oil market to stabilize shortly, and says it’s already “heading in the right direction” after a rout within the final quarter of 2018. The assertion follows Riyadh’s current dedication ...