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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

Published Mon, Oct 24, 2016 · 09:50 PM
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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 cutting prod…

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