Comments from the Iranian oil minister
We should decide in November how much each country should produce
There's been no end of comments from Iran so far today as the deputy oil minister was out earlier too saying that the early defined agreement in Algeria was a "baby step" in the right direction. He confirmed that Iran's current output is 3.85mbpd, with exports at 2.2mbpd.
None of the comments are having an effect on prices as Brent sits at 51.75, with a 51.54/95 range.