Iraq oil minister on the wires 29 Nov
- cuts would remain at same level for duration of extension
- so far there is no plan for exit strategy
- Iraq still adding 200k bpd to oil output capacity each year
Elsewhere Reuters citing sources saying OPEC to debate oil production cap for Nigeria at 1.8m bpd and Libya at 1m bpd as part of a 9 month cut extension.
Oil prices finding some dip demand after earlier session falls.
WTI $57.57 Brent $63.05
