Iran Joins Saudi Arabia Shunning Output Curb at OPEC Meeting

  • Saudi Arabia says Iranian return will do `nothing' to market
  • Venezuela minister warns of catastrophe for oil prices

How Quickly Can Iran Boost Oil Output?

Iran joined Saudi Arabia in saying it would keep on pumping despite oil prices hovering near a six-year low, giving the strongest signal yet that OPEC wouldn’t act at the group’s meeting in Vienna to curb the global supply glut.

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