25-10-2016 19:11 via uk.news.yahoo.com

Iraq says prepared to cooperate with OPEC on 'correct basis'

By Maher Chmaytelli and Saif Hameed BAGHDAD (Reuters) - Iraq told a top OPEC official on Tuesday it was ready to cooperate in reaching a deal on supply cuts to support oil prices as long as it kept its output at near current levels. "We are prepared to cooperate on the correct basis," Prime Minister Haider al-Abadi said, commenting on the visit by OPEC Secretary General Mohammed Barkindo to Baghdad. Barkindo, who is trying to cement an accord on supply cuts that would support sagging oil prices,
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