Iran’s OilMin: Likely to see extension of deal to cut oil output

Iranian oil minister Zanganeh is on the wires now, via Reuters, speaking in Moscow on OPEC deal compliance and a potential extension of the cuts.

Key Headlines:

Likely to see extension of deal to cut oil output

Need time to evaluate situation, have face to face discussions with others

All participants of deal should comply with commitments

Iran’s oil production near 3.8 mln bpd