Iraq, Chevron seen signing deal Wednesday, Iraqi FM says

Iraq expects to sign an agreement with U.S. oil company Chevron Corp on Wednesday, Iraqi Foreign Minister Fuad Hussein said, without providing details.

“Regarding the signing of a memorandum of understanding or an agreement with Chevron, I believe that it will be signed today, yes,” Hussein told a joint news conference with U.S. Secretary of State Mike Pompeo.

On Monday, Chevron said it does not comment on market speculation or matters of a commercial nature.