Iraq to continue pushing OPEC for fair output quota, PM says

BAGHDAD, Iraq — Iraqi Prime Minister Ali al-Ziyadi said his country will continue pressing OPEC for a production quota that reflects its capacity and potential. A statement from the Prime Minister's Office said Baghdad aims to secure a share in the organization based on its own technical and economic data. The position is grounded in Iraq's assessment that its current quota has not kept pace with rising oil production and export volumes, the statement said. Ziyadi stressed that production levels among OPEC members should be updated in line with market stability. The remarks underline Baghdad's view that its quota has not been revised despite increases in output in recent years. The statement indicated Iraq intends to raise the issue again in upcoming OPEC discussions. No further details on the timing of the next round of talks were immediately available.