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Iraqi-Saudi understanding to rebalance the global oil markets July 13, 2020 23 Former British managers convicted of corrupt oil contracts in Iraq Iraq and Saudi Arabia announced on Monday their full commitment to the OPEC + agreement to reduce production with a goal Rebalancing oil prices on world markets. This came in a telephone call between Iraqi Oil Minister Ihsan Abdul Jabbar Ismail and Saudi Energy Minister Abdul Aziz Bin Salman. According to a joint statement issued by the two sides, “The Kingdom of Saudi Arabia and the Republic of Iraq confirm their full commitment to an agreement OPEC Plus ». In this regard, the Saudi Energy Minister praised "the performance of Iraq within the framework of the agreement, as it arrived." The level of commitment by Iraq in June to nearly 90 percent, as confirmed by that Secondary sources. Bin Salman expressed his confidence that Iraq will continue and improve its level of commitment. For his part, the Iraqi oil minister confirmed Iraq’s commitment to the OPEC Plus agreement, adding that Iraq would raise the level His commitment to 100 percent starting next month, with his commitment to compensation, during the months of July and August And September, about excess production quantities during May and June. At the end of the phone call, the two ministers affirmed that “what is being done by the countries participating in the OPEC Plus agreement, From efforts towards adhering to the production reduction ratios established in the agreement, it will enhance the stability of global oil markets. "It expedites its balance." Last April, the OPEC + alliance reached a historic agreement to make cuts in Oil production is 9.7 million barrels per day with the aim of rebalancing crude prices in the market Globalism. Under the agreement, Iraq was to reduce its crude production by about one million barrels per day This past May and June. On the other hand, Reuters reported, yesterday, Monday, that two former British managers working for a consulting company were convicted Energy is based in Monaco, by bribing Iraqi officials to seize lucrative oil projects contracts as the country tries to increase production After the occupation of Iraq in 2003. The head of the Serious Fraud Office, Lisa Usovsky, said that the defendants were used in a dishonorable manner A corrupt government is groaning under the weight of a dictatorship and occupation and trying to rebuild a war-torn country, excluding rivals and profiting. It is noteworthy that the British jury convicted two former directors, the first British of Lebanese origin, in addition to a British director Another after marathon deliberations lasted 19 days. He added that today, in order for the victory to be complete, the current government must hold accountable those responsible for the loss and ruin of the humpback and place them behind bars. And retribution from the corrupt and the killing of demonstrators and the end of militia activity and its unavoidable weapon, blessed to the Mosulis on the anniversary of the liberation of their city From the ISIS terrorist and our wishes for her return to its bright past.