Iraqi PM Abadi: Oil prices increasing above current levels could lead to oil price collapse

Iraqi Prime Minister Haider al Abadi is crossişng the news wires, via Reuters, delivering the below-seen comments.

• Iraq will keep cooperating with OPEC and non-OPEC states to keep oil prices stable and prevent further price hikes.
• Oil prices increasing above current levels could lead to oil price collapse.
• Submitted proposal to open to help maintain oil stability and stop further price rises.