Allaibi: Iraq oil market support policy supports to ensure the interests of producers

43 minutes ago(Independent).

Mighty oil Minister allaibi that Iraq supported the policy of supporting oil market to ensure the interests of the producing countries ' economies, stressing the need to prevent another price drop.

Allaibi said in a statement it had received (independent) said Monday the current economic phase requires all oil producing countries within OPEC the coordination and compatibility among them ", pointing to" the need for consensus in and outside OPEC production formulas to raise the price of a barrel of oil during the next phase to ensure that the interests of the producing countries ' economies and prevent another landing price. "

Allaibi added that "Iraq supported this policy in collaboration with his brothers first and compatibility with generally producing States policy which would raise prices and safeguard the interests of the economies of oil producing countries."