Iraq oil minister says oil production surplus is reason behind OPEC+ decision to cut production

Iraq’s oil minister Ihsan Abdul Jabbar speaks during the 29th Annual Middle East Petroleum & Gas Conference in Manama, Bahrain, May 16, 2022. REUTERS/Hamad I Mohammed

CAIRO, Oct 6 (Reuters) - The OPEC+ decision to cut oil production by 2 million barrels per day came as result of a production surplus, Iraq oil minister Ihsan Abdul Jabbar told Kuwait news agency (KUNA) on Thursday.

Reporting by Alaa Swilam and Lilian Wagdy; Writing by Alaa Swilam; Editing by Chris Reese

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