But whether the oil producers can agree on how and where to cut is far from certain.

In theory, Iraq is more than just an oil producer.

Clearly, Iraq has done a great economic service for the world's arms and oil producers.

This has not been a particularly good decade for oil producers.

For the moment, there seems to be little that the world's largest oil producers can do.

At that time the company was the nation's largest independent oil producer.

At that time, Canada is the world's second leading oil producer.

And oil producers are not likely to be more responsive either.

The country is Africa's third biggest oil producer but many of its people remain poor.

Like many other major oil producers, its economy has been hit hard by the falling prices.