Iraq says oil prices above $80 is 'a positive indicator' - spokesman

Asim Jihad also said Iraq aims to achieve the highest financial revenues by committing to the OPEC+ agreement

  
Image used for illustrative purpose. Oil tanks are seen at the gas field of Siba in Basra , Iraq April 25, 2018.

Image used for illustrative purpose. Oil tanks are seen at the gas field of Siba in Basra , Iraq April 25, 2018.

REUTERS/Essam Al-Sudani

Iraq's oil ministry spokesman said that oil prices above $80 is "a positive indicator" but needs long term stability, the oil ministry cited him as saying on its Telegram channel.

Asim Jihad also said Iraq aims to achieve the highest financial revenues by committing to the OPEC+ agreement.

(Reporting by Nayera Abdallah; Editing by Alex Richardson) ((Nayera.Abdallah@thomsonreuters.com;))


More From Commodities