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By Reuters Staff Slideshow ( 2 images ) BAGHDAD (Reuters) - Iraqi Oil Minister Ihsan Abdul Jabbar expects oil prices to reach around $60 in the second quarter of 2021, he said in an interview with Iraq’s Sharqiya TV on Friday. The minister added that in past meetings he had asked OPEC members to allow Iraq to postpone compensating for earlier overproduction and this had helped to “bring back hope to Iraq’s economy”. “Iraq will stay committed to OPEC decisions and compensate its overproduction”, he said in the interview. Abdul Jabbar said Saudi Arabia’s voluntary output cut of 1 ...

Iraqi Oil Minister Ihsan Abdul Jabbar expects oil prices to reach around $60 in the second quarter of 2021, he said in an interview with Iraq's Sharqiya TV on Friday.

SHARE Egypt’s government has ordered a ban on New Year’s Eve parties at hotels, cafes and clubs as part of its efforts to contain the coronavirus epidemic . seen by The National says offenders will face unspecified penalties. Churches in Egypt, where Christians make up about 10 per cent of the over 100 million population, are introducing preventive measures for Christmas Mass, including limited attendances, social distancing and beaming the liturgy on social media networks to encourage the faithful not to throng churches. The Coptic Orthodox Church, whose followers make up the vast major...