OPEC Members

Iran: It is our right to return to the market," he pointed out, according to Xinhua China. During its Friday meeting in Vienna, OPEC maintained its supplies of 30 million barrels of crude oil per day to the global market. Iran plans to ramp up its oil output by 500,000 barrels per day within two months and one million bpd within six to seven months once sanctions are removed, Zangeneh was quoting by Press TV as saying. "I wrote a letter to OPEC member states. But, Zangeneh said his country was not satisfied with the oil prices and OPEC decision. "OPEC members must cooperate to adjust and agree on a fair price in order to satisfy all members." "The current price will make investors unable to invest in oil rich countries," he added. Iran insists on total removal of sanctions in its talks with world powers for a possible nuclear deal by June 30. Sanctions on Iran energy and financial sectors have reduced the country oil production by 60 percent to one million bpd. (news.financializer.com). As reported in the news.