Iraq's PM Stresses, In Meeting With OPEC Secretary General, Iraq's Commitment To OPEC Countries' Plans For Oil Output Policies Or What Is Determined Within Framework Of OPEC+ Agreement
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Iraq's Prime Minister has reaffirmed the country's commitment to OPEC's oil output policies and the OPEC+ agreement during a meeting with the OPEC Secretary General.
August 29, 2024 | 4:36 pm
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Iraq's commitment to OPEC's oil output policies and the OPEC+ agreement may influence oil prices, potentially impacting the United States Oil Fund (USO).
Iraq's adherence to OPEC+ agreements can affect global oil supply, influencing oil prices. As USO tracks oil prices, any significant change in oil output policies could impact USO's performance. However, the statement alone does not indicate an immediate change in oil prices.
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