Iraq moves to continue oil sales via OPEC

Iraq aims to maintain oil sales via OPEC to balance government spending and revenue, with experts noting the need for negotiations with countries holding spare export capacity.  Iraq is taking steps to sustain its oil sales through the OPEC framework as the government seeks to balance spending and revenue.

Experts say that negotiations will be required with nations holding spare export capacity, as well as to ensure that cash reserves cover six months of spending.