OPEC Secretary General Calls For Coordination Between Oil Exporting Countries

OPEC’s Secretary General Haitham Al Ghais and Iraq’s Prime Minister met over the weekend and called for coordinated action among oil exporters globally in order to reduce volatility in the oil market and avoid adverse impacts for consuming countries, Reuters reported citing a statement by the Iraqi government. The official spoke during a meeting with Iraqi Prime Minister Mohammed Shia al-Sudani, who joined the call for coordination on oil markets. Neither official went into detail as to what such coordination could entail. Earlier this…