Iran's oil minister to attend OPEC, non-OPEC meeting in Vienna: SHANA

EghtesadOnline: Iran's oil minister Bijan Namdar Zanganeh will attend the meeting between OPEC and non-OPEC members on Dec 10 in Vienna, the ministry's news agency SHANA said on Monday, as the countries try to finalize a global oil output-limiting pact.

News ID: ۷۳۸۴۰۱

05 December 2016

According to Reuters, the Organization of the Petroleum Exporting Countries agreed last week to reduce oil output by around 1.2 million barrels per day (bpd) beginning in January in a bid to reduce global oversupply and prop up prices.