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Iraq baulks at joining Opec cuts

It says it should be exempted from cutting production, making it harder for the group to reach an output deal to stabilise oil markets

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Iraq became the fourth Opec member - after Iran, Nigeria and Libya - to seek an exemption from output limits.

Dubai

OPEC'S (Organization of the Petroleum Exporting Countries) second-largest producer threw an obstacle in the group's path towards a final deal to stabilise oil markets when Iraq baulked at joining efforts to trim output to prop up crude prices.

Iraq should be exempted from

sentifi.com

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