BAGHDAD Feb 21 Iraq needs oil prices to reach
$60 per barrel to plug its public deficit gap, Prime Minister
Haider al-Abadi told a news conference in Baghdad on Tuesday.
The Iraqi government, which relies almost exclusively on its
oil production for income, has struggled to pay its bills since
crude prices dropped in 2014, the same year that Islamic State
militants seized part of the country's territory.
Brent crude was trading at about $57 per barrel on Tuesday.
Iraq is OPEC's second largest producer, after Saudi Arabia.
(Reporting by Ahmed Rasheed; Writing by Maher Chmaytelli;
Editing by Greg Mahlich)