Iran, Nigeria Have Right to Raise Oil Output, Algiers Host Says

  • Libya also has right to increase production: Minister Bouterfa
  • Algeria to host talks to stabilize oil market later this month

Fundamentals Behind Tortoise Capital's $50 Oil Call

OPEC and other producers can reconcile talks aimed at stabilizing the oil market with the prerogative of Iran, Nigeria and Libya to boost output, according to Algeria’s energy minister.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.