Subscribe
Business

OPEC: Iraq violence not causing oil output drop

By Washington Examiner
Published
Add Washington Examiner on Google
OPEC: Iraq violence not causing oil output drop

BRUSSELS (AP) — The head of OPEC, the group of major oil exporters, says recent crude price increases are to blame on market fears caused by the crisis in Iraq but not on a drop in output.

OPEC Secretary General Abdullah Al-Badry said Tuesday that Iraq is “still producing as normal,” with 95 percent of its capacity in the country’s south being unaffected by the violence.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.

Tag:

Iraq Middle East Oil OPEC