Iran says OPEC won’t change output ceiling – ISNA

OPEC will not change its crude oil production ceiling and oil prices are not expected to hit $100 a barrel, Iranian Oil Minister Kazem Vaziri-Hamaneh told the students’ news agency ISNA on Friday.

“OPEC’s production ceiling will not change,” he said, adding that he did not expect any movement despite the onset of a peak summer period of consumption by U.S. drivers.
Reuters