Iran oil minister: hopes for OPEC deal in November

*Iranian Oil Minister Bijan Zanganeh talks to reporters during the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria  September 27, 2016. REUTERS/Ramzi Boudina

*Iranian Oil Minister Bijan Zanganeh talks to reporters during the 15th International Energy Forum Ministerial (IEF15) in Algiers, Algeria. REUTERS/Ramzi Boudina

17 October 2017, Algiers — Iranian oil minister Bijan Zanganeh said on Monday that he hoped OPEC would reach a deal to restrain oil production in November.

Asked by reporters on the sidelines of an oil conference whether he was optimistic about a deal next month, Zanganeh replied: “I hope so.”

Asked if current Iranian oil output had risen high enough for Iran to join an OPEC deal, he said: “We should decide in November how much each country should produce.”

*Rania El Gamal; Andrew Torchia – Reuters

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