Iraq poised to capitalize on OPEC supply drops
With more than 300,000 bpd of new capacity coming online this year, Iraq is well positioned to take market share as U.S. sanctions snap back on Iran.
Iraq Oil Minister Jabbar al-Luiebi (center) awaits the start of the Nov. 30, 2017, OPEC meeting with Alaa al-Yassiri (left), director general of the State Oil Marketing Organization and Adnan Noshi (right), director general of the Missan Oil Company. (Source: Iraq Oil Ministry media office)
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