Don't Count on OPEC Cuts While Iran Plans to Go It Alone

Updated on
  • Iran seeks to pump up to 3.9 million barrels a day by March
  • OPEC continues to produce above 30-million-barrel-a-day quota

Iran Committed to Boosting Oil Supply

Any plan by OPEC to trim oil production to stem falling prices faces a major obstacle: Iran wants its market share back.

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