Iran Boasts Oil Production Increase ...Middle East

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Iran Boasts Oil Production Increase
source : OILPRICE ( Middle East ) () 7
Geopolitics, Politics & Conflict -Iran is claiming that it is already increasing its oil production, and will have reached pre-sanctions levels within a month or two. Iran is also claiming that the market would be able to absorb its full-out production of 4 million barrels per day. If that is indeed true, and we’re not saying that it is, it would certainly limit other OPEC members and their plans going forward. For now, the plan is for the group to reassess every month to see where the market is, and then decide on production volumes…

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