Iraq is in discussions with OPEC to review its oil production quota as output capacity rises, Hayan Abdul Ghani, the Oil Minister of OPEC’s second largest producer, said on Monday. Iraq is in talks with OPEC to reassess its production quota within the country’s available production capacity of 5.5 million barrels per day (bpd), Reuters quoted Abdul Ghani as saying at an oil conference today. Iraq has a current quota of 4.4 million bpd and is committed to sticking to it despite its larger production capacity, the minister said.…