Iran not increasing production? Could be a big positive on pWelcome to the game Iran!
The west could be in trouble with all the environmental stuff
In a tweet, Gharibabadisaid, I had a fruitful consultation today with#OPECSG#HEBarkindo. We reviewed the latest developments on international oil market and OPEC.
The meeting comes as the oil trading world awaits the return of Iran to global oil markets once U.S. sanctions are lifted. Many expect this to happen soon, but some observers are taking a more guarded approach as details still remain to be hammered out.
Meanwhile, Irans oil minister, Bijan Zanganeh,toldIranian state media that the country had decided not to further boost oil production despite the improving economic outlook for Iran.
Reference https://oilprice.com/Latest-Energy-News/World-News/Iranian-Diplomat-Discusses-Oil-Agenda-With-OPEC-Chief.html