Baghdad The Minister of Oil announced the postponement of the “OPEC Plus” meeting today on the agreement to reduce production, until tomorrow, Friday.

Oil Minister Ihsan Abdul-Jabbar Ismail said in a statement, “the member states decided to postpone the meeting, which started today and took several hours to tomorrow, to hold further discussions and consultations to reach an agreement that achieves common goals in stability and balance for global oil markets.”

Ismail referred to the efforts being exerted to bring the views closer in order to reach an agreement that serves the producers and achieves stability.

He added that the meeting discussed the challenges facing the oil market and reviewed the reports prepared by the relevant committees in OPEC, confirming the OPEC’s decision to hold its next meeting in Baghdad and to celebrate the 60th anniversary in Baghdad.

Source: National Iraqi News Agency