Tehran, Dec 7 (Prensa Latina) Iranian Oil Minister Bijan Zanganeh said on Friday that while Iran is under sanctions, it will not support any agreement at the OPEC and should rather be excluded from any decision. In his statements, published by local media, he refrained from commenting on Iran's oil production and exports, as that information would increase US pressure on Iran.
In the minister's opinion, the appropriate price of a barrel of oil ranges from 60 to 70 dollars per unit, although at today's meeting, the cartel expectedto to keep it above those figures.