Economic Times | Iraqi oil minister says expects oil market to be in balance in first quarter Economic Times Iraqi oil minister says expects oil market to be in balance in first quarter. Reuters|. Dec 25, 2017, 05.10 PM IST. 0Comments. Jabar-al-Luaibi-Re He was speaking at a signing ceremony with China's state-run Zhenhua Oil. Iraq reached an agreement with ... Chinese firm ZhenHua Oil to develop oil field near Iraqi capital Baghdad Chinese company to develop big oil field near Iraqi capital |