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Exclusive-Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources say
BAGHDAD, June 25 (Reuters) - Iraq will be compelled to consider all available options if its OPEC quota is not significantly increased, a senior Iraqi oil ministry official told Reuters on Thursday. Separate sources told Reuters Iraqi officials had considered leaving OPEC, but the current plan was to remain a member and seek a higher quota.The prospect of Iraq considering an exit from OPEC would be a further blow to the group after the departure of the United Arab Emirates this year. Iraq is one of five founding members and the group was formed in the Iraqi capital.
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cryptobriefing.com
Iraq seeks significant OPEC quota increase amid financial crisis from Iran war
Iraq's oil exports collapsed over 97% due to the Iran conflict, dropping from 3.32M bpd to 96K bpd. OPEC+ approved a modest quota increase as Iraq scrambles
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dailysabah.com
Iraqi officials considered leaving OPEC if quota not raised: Sources
Iraq will be compelled to consider all options if its quota in the Organization of the Petroleum Exporting Countries (OPEC) is not significantly...
