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    OPEC meeting will reach "some agreement"

    The Iraqi deputy oil minister has been speaking recently with comments relating to tomorrow’s OPEC meeting. Key quotes are as follows:

    • Iraq exporting 3.2 million barrels per day
    • OPEC meeting will reach some agreement
    • Oil market to be good in H2

    Interesting comments on the whole, in particular the one regarding some agreement being reached at the OPEC meeting. Oil remains lower on the day, down by around 0.5% at the time of writing. 

     

    Any person acting on this information does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it.


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