Iran puts oil freeze deal under big question
Iran, which is still committed to boost its oil production, put the deal on oil output freeze under a big question, Ole Hansen, Head of Commodity Strategy at Saxo Bank believes. “The big question remains whether a deal can be struck given that key players such as Iran still reserve the right to continue to increase production,” Hansen told Trend. He believes, that if a deal was to be struck it would initially be taken positively as the first sign that OPEC members are actually able to support the price by more than verbal intervention. The ...
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