OPEC on possible increase in Iran’s oil production

OPEC expects Iran’s future oil production growth to be transparent and orderly while maintaining market stability, Report informs, citing OPEC Secretary-General Mohammed Barkindo.

“We anticipate that the expected return of Iranian production and exports to the global market will occur in an orderly and transparent fashion, thereby maintaining the relative stability that we have worked hard to achieve since April of last year,” Barkindo said, as quoted by OPEC.