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Tuesday, 8 November 2016

Iran optimistic about implementation of OPEC output freeze: SHANA | Reuters

Iran optimistic about implementation of OPEC output freeze: SHANA | Reuters:
"Iranian oil minister Bijan Zanganeh said on Tuesday that he was still optimistic about implementation of a deal among oil producers to freeze output levels which was reached in Algeria in September, the ministry's news agency SHANA reported.

Asked if the freeze deal would be implemented, Zanganeh told reporters in Tehran: "We should wait, I am optimistic."

He denied reports that Egypt seeks to buy crude oil from Iran, the semi-official news agency Fars reported."

'via Blog this'