Iraq Sees Signs of Improvement in Oil Market

Iraqi oil minister Adel Abdel Mahdi said on Tuesday he saw signs of improvement in the oil market, joining other OPEC officials in expressing an optimistic outlook just days ahead of the group's next meeting.

 

"There is an improvement, yes," he told reporters when asked about the market situation. The Organization of the Petroleum Exporting Countries (OPEC) meets in Vienna on Friday.