Iran’s Ready to Pump More as OPEC Faces ‘Prisoner’s Dilemma’

Updated on
  • Iran can raise output to 4 million b/d in 2-3 months: NIOC
  • Oil producers meeting in Algiers this month for output talks

As speculation swirls over whether oil producers will reach a deal to coordinate output and aid a recovery in prices, Iran says it’s ready to pump more.

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