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Sunday, 7 May 2017

Iran Will Go Along With Whatever OPEC Decides on Crude Cutbacks - Bloomberg

Iran Will Go Along With Whatever OPEC Decides on Crude Cutbacks - Bloomberg:

"Iran will go along with whatever decision OPEC makes at its meeting later this month on whether to extend oil production cuts beyond June, Oil Minister Bijan Namdar Zanganeh said.

“All indications are that the members want a renewal of the deal and we will go along with what they agree upon,” Zanganeh said Saturday on the sidelines of an energy trade show in Tehran. Producers outside OPEC that joined the oil pact will probably agree to keep the cuts for longer, he said."



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