Iran supports unanimous OPEC output cut plan: Zangeneh
- Country:
- Iran Islamic Rep
Iran supports deeper crude oil cuts by the Organisation of the Petroleum Exporting Countries (OPEC) if a majority of members agreed with it, Oil Minister Bijan Zangeneh was quoted as saying by the Iranian energy news website Shana.
A technical panel, known as the JTC, that advises OPEC and its allies led by Russia - a grouping known as OPEC+ - proposed on Thursday a provisional cut of 600,000 barrels per day (bpd), three sources told Reuters.
OPEC producers in OPEC+ are currently discussing whether to meet earlier than their scheduled gathering in Vienna on March 5-6.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Iran
- Bijan Zangeneh
- Russia
- Vienna
ALSO READ
US envoy asked Middle East foreign ministers to mediate with Iran
Lufthansa suspends Tehran flights, Middle East on alert for potential Iran attacks
Lufthansa suspends Tehran flights, Middle East on alert for potential Iran attacks
Smriti Irani alleges Rahul Gandhi is backed by PFI in Wayanad LS seat
German, Iranian foreign ministers discussed Middle East tensions, says Berlin