VIENNA | The Latest: Iraq expects agreement to stabilize oil prices

6Dec - by Editor - 0 - In STL.News



VIENNA  — The Latest on OPEC’s meeting on whether to cut oil production and support energy prices (all times local):

12:45 p.m.
The United Arab Emirates‘ energy minister is dismissing concerns that U.S. pressure could affect OPEC’s decision on whether to cut oil production.

Suhail Mohamed al-Mazrouei, who is OPEC’s current president, told reporters ahead of the group’s meeting Thursday that “we are not a political organization.”

He says: “We will do what the market requires us to do, and that’s how we have been working in the past.”

OPEC heavyweight Saudi Arabia has indicated it is willing to cut production, despite U.S.

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