Iran adheres to its commitments to OPEC: oil minister.
Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian oil minister Bijan Zanganeh said. Zanganeh stressed that most countries want OPEC’s decision to be extended. The market has been oversupplied since mid-2014, prompting members of the Organization of the Petroleum Exporting Countries and some non-OPEC producers
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