Iraq, which has surpassed its oil output quota under the most recent OPEC/non-OPEC supply cut accord, is committed to the deal, but stands ready to meet any global demand growth, its oil minister said Thursday. SEE MORE The dollar held steady against most major currencies on Thursday as traders moved to the sidelines in advance of this weekend’s G20 summit where China and the United States may reach a truce on their trade conflict. SEE MORE European Union leaders will this week urge the G20 to help reform the World Trade Organization in order to preserve a rules-based system which is under threat from an escalating trade war between China and the United States. SEE MORE U.S. economic growth accelerated in the first quarter, the government confirmed on Thursday, but the export and inventory boost to activity masked weakness in domestic demand, some of which appears to have prevailed in the current quarter. SEE MORE Copper prices advanced on Tuesday as extended strike at Codelco’s Chuquicamata copper mine raised concerns about supply, while a weaker dollar also lent some support. SEE MORE