OPEC must decrease output to 28 mb/d- Iran MP
A member of Energy Commission of Iran Parliament says OPEC must decrease oil production by at least 3.5 million barrels per day to support oil price. Jalil Jafari Boneh told Trend Nov.26 that OPEC should shrink the output to 28 million barrels per day (mb/d) to push oil price high. 12 members are preparing to hold 168th Ordinary OPEC Meeting on Dec.4 in Vienna, Austria. According to the current quota, OPEC members have agreed on 30-mbm/d ceiling level together, however, according to the Cartel's latest monthly report, OPEC's output at ...
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