Iran's oil minister Zanganeh says Iran may agree to an increase in OPEC output

  • Through producers who have over delivered on cuts

CNN with the report

More:

  • Zanganeh says OPEC members discussing going back to 100% compliance
  • Can agree to supply increase at meeting without need for new agreement

Saudi and Russia are the two drivers of an increase in output but Iran has been one of the objectors.

Re the 'over delivered on cuts' - estimates are that if those who have cut more than required scaled back to 100% compliance (instead of 100%+) it would add a million-odd barrels a day to output