DOHA, Qatar (Bloomberg) -- OPEC, which supplies 40% of the world’s oil, will accommodate additional output from members Iraq, Iran and Libya, Secretary-General Abdalla El-Badri said, without explaining how it will do so under the group’s ceiling. The Organization of Petroleum Exporting Countries will wait until 2015 to discuss output targets with Iraq, which currently operates outside the production-quota system for each of the group’s other 11 member countries, El-Badri told reporters today in Doha, Qatar.
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OPEC to make room for extra oil from Iran, Iraq, Libya
![OPEC to make room for extra oil from Iran, Iraq, Libya]()
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