Iraq Deputy Oil Min: OPEC will work to stabilize oil markets

Iraqi Deputy Oil Minister is on the wires now, via Livesquawk, noting that the OPEC will work to stabilize oil markets, crude price and supplies at the next meeting.

The OPEC and non-OPEC producers are likely to meet on December, 6th in Vienna to discuss the oil output cuts, in a fresh attempt to stall the recent oil-price sell-off.