Iraq says OPEC+ decisions are based on economic indicators, taken unanimously

(Reuters) – Iraq’s Oil Marketing Company (SOMO) said on Sunday that OPEC+ decisions are based on economic indicators and are taken unanimously.

“There is complete consensus among OPEC+ countries that the best approach in dealing with the oil market conditions during the current period of uncertainty and lack of clarity is a pre-emptive approach that supports market stability and provides the future the guidance it needs,” SOMO said in a statement.

(Reporting by Nayera Abdallah and Yasmin Hussin)