OPEC to shrink over threat of Iraq exit Business

OPEC to shrink over threat of Iraq exit

LONDON: Iraq has weighed leaving the Organization ⁠of the Petroleum Exporting Countries if its oil production quota is not increased, sources ​told Reuters on Thursday, weeks ​after the exit of the United Arab Emirates. Since late 2016, OPEC has worked with Russia and other non-member countries to manage the oil market by setting output quotas. […]