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Iraq Can Crush OPEC’s Oil Freeze Believers

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When the OPEC nations last met with Russia to agree an output freeze, back in April, it was Saudi Arabia that shot down the deal — refusing to take part without Iran. This time both countries may be more accommodating; the stumbling block is more likely to be Iraq. OPEC members are planning an informal meeting in Algeria in late September, where discussions of a…

Baghdad Halts Kirkuk Oil Exports via KRI

Iraq Oil Report, citing Iraqi Oil Minister Adel Abdel Mahdi [Adil Abd Al-Mahdi], says Baghdad has stopped oil exports through the Kurdish region, to put pressure the Kurdistan Regional Government to resume talks about sharing oil revenues. Sources confirmed to Reuters that the state-run North Oil Company (NOC) has stopped pumping oil from fields it operates in the Kirkuk area through a pipeline to the…

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