Iraq to make suggestions to facilitate OPEC supply cut agreement

Iraq's oil minister Jabar Ali al-Luaibi will make suggestions at a meeting of OPEC oil ministers at the end of the month to implement an agreement to restrain crude supply in order to push up prices, according to a statement from his ministry on Monday. The statement didn't indicate what these suggestions are but hinted that Iraq would not be contributing to any output cut. Iraq's "legitimate demands should not constitute an obstacle to a new agreement to freeze output," Luaibi said in the state