Iraqi oil minister expects oil prices at $68-$75 in H2

Iraqi oil minister expects oil prices at $68-$75 in H2

Iraq’s oil minister stated on Saturday that he expects oil costs to vary between $68 and $75 per barrel in the course of the second half of this 12 months if OPEC abides by set manufacturing output to guard markets.

Ihsan Abdul Jabbar also told journalists “there are new projects in which there is a common interest” between Exxon Mobil and Iraq. “We expect that Exxon Mobil will remain in a certain part of Iraq in some investments, it came out only from West Qurna 1,” he added.

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