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2016-08-25 18:40:00

IRANIAN POSITIVE SIGNALS

ПОЗИТИВНЫЕ СИГНАЛЫ ИРАНА

According to REUTERSIran and Ecuador on Wednesday discussed ways that the two countries can strengthen oil prices as Iran signals it may support joint efforts by exporters to prop up flagging crude.

Iran has been boosting output since Western sanctions were eased in January. Tehran refused to join a previous attempt this year by OPEC plus non-members such as Russia to stabilize production, and talks collapsed in April.

But Reuters reported on Tuesday that sources in OPEC and the oil industry said Iran is sending positive signals on taking joint action, which could help revive a deal on freezing output levels at talks next month.

"We have held conversations on strengthening our position in oil markets," Iran's Foreign Minister Mohammad Javad Zarif said through an interpreter after a meeting with Ecuador's President Rafael Correa.

Zarif added that the two countries have agreed to continue talks within the framework of OPEC, without providing further details.

Ecuador Foreign Minister Guillaume Long said they discussed establishing a common position with regards to strengthening oil prices.

Ecuador, OPEC's smallest member, has consistently supported calls by ideological ally and oil price hawk Venezuela to boost crude prices. Since the 2014 collapse in oil markets, the group has remained more focused on retaining market share.

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Earlier: 

IRAN: 

IRAN MIGHT COOPERATE 

IRAN & AZERBAIJAN COOPERATION 

IRAN & RUSSIA STRATEGIC COOPERATION 

NEW IRAN'S CONDITIONS 

IRAN WILL NOT FREEZE

 

ECUADOR: 

CHINA & ECUADOR: OIL DEAL 

ECUADOR RISE 15%

 

PRICES: 

PRICE CAN BE STRONGER 

OIL PRICES: ABOUT $49 

OIL PRICES: $49.39 

NERVOUS OIL PRICES 

OIL PRICES: $50

 

 

 

 

 

 

 

 

 

 

 

 

 

PRICE CAN BE STRONGER 

IRAQ WANTS MORE 

IRAN MIGHT COOPERATE 

OIL PRICES: ABOUT $49 

OIL PRICES: $49.39

 

 

Tags: IRAN, ECUADOR, OIL, PRICES, OPEC

Chronicle:

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BAHRAIN'S GDP UP 3.2%

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ПОЗИТИВНЫЕ СИГНАЛЫ ИРАНА
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NIGERIA'S GDP UP 2%

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