OPEC+ to discuss deeper oil cuts on Thursday - Iraq minister

ABU DHABI (Reuters) - OPEC and its allies will discuss whether there is a need for deeper cuts in oil production when they hold a ministerial meeting on Thursday, Iraq's oil minister said.The Organization of the Petroleum Exporting Countries and allied producers led by Russia, a grouping known as OPEC+, agreed last year to cut oil supply by 1.2 million barrels per day (bpd) to support prices. The cuts came into effect on Jan. 1.Iraqi Oil Minister Thamer Ghadhban said that when OPEC and its..