28 Mar 2024
Monday 4 November 2019 - 15:17
Story Code : 362825

Iran's Zanganeh sees more output cuts by OPEC at next meeting: report

Reuters - Iranian Oil Minister Bijan Zanganeh was quoted as saying on Monday that he expects further production cuts to be agreed at the next meeting of the Organization of the Petroleum Exporting Countries (OPEC) in December.

We expect the decline in oil production to increase further, which means that we will see a further decrease by OPEC to the market, Irans semi-official Mehr news agency quoted Zanganeh as saying when asked about the next OPEC meeting.

Reporting by Dubai newsroom; editing by Jason Neely
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