Two OPEC members signaled a willingness to extend the group’s production curbs into the second half of the year as the global rally in prices shows signs of stalling. “We are satisfied somewhat, but we are looking forward for improvement in the price,” Iraq Oil Minister Jabbar Al-Luaibi said in an interview at the CERAWeek oil-industry conference in Houston on Monday. Jabbar al-Luaibi Photographer: Akos Stiller/Bloomberg Asked if the Organization of Petroleum Exporting Countries should extend its agreement on output cuts beyond the first half of this year, Al-Luaibi said, “It’s likely we need to.” Iraq has “fully” complied with the reductions agreed to last year, he added. Angola, another OPEC member, supports prolonging the deal as long as necessary, Isabel dos Santos, chairman of state-run oil company Sonangol, said in a separate interview at the conference. The company has no plans to increase capital spending this year or […]