17.08.2016 - Iran Undecided on Joining OPEC Meeting
Iran has made no decision about joining an OPEC meeting on oil output next month and doesn’t expect to reach the production levels that its government has previously said are required before it can make an output agreement, an oil-ministry spokeswoman said Tuesday. Oil prices have been gaining since last week when Saudi Arabia signaled it would work with other oil producers to stabilize prices. The statements cast a doubt on the success of informal talks due next month in Algiers to revive efforts to tighten output, report Benoit Faucon and Summer Said...............................................Full Article: Source
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