Iraq welcomes the agreement prepared by the oil quartet and a step in the "right dire
Iraq welcomes the agreement prepared by the oil quartet and a step in the "right direction."
Iraqi Oil Ministry welcomed the quadrilateral agreement, which was held yesterday between Russia - Saudi Arabia - Qatar-Venezuela] judge to freeze oil production for these countries at the level of exports for the month of January last.
Ministry spokesman Assem Jihad said that "This agreement is a step in the right direction and will reflect positively on the global oil market."
It is taking place today in Tehran negotiations between Iraq and Iran and Venezuela to discuss the possibility of joining the two countries [Iran and Iraq] to this Agreement