Iran Oil Minister - positive signals from OPEC & non-OPEC for extension of cuts

Iran"s Oil Minister Bijan Zanganeh speaking with media over the weekend

Said "During these last days we received a positive signal from OPEC members and non-OPEC contributors in this agreement for cutting the production for extending this agreement for the second half of 2017"

Iran would support extending the output cut agreement also.

via Reuters

A quick glance at the behaviour of the oil price in recent days indicates why producers would like to cut supply further:

Iran Oil Minister - positive signals from OPEC & non-OPEC for extension of cuts
Iran Oil Minister - positive signals from OPEC & non-OPEC for extension of cuts
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