Iran appears to soften stance on OPEC oil output increase
Iran appeared on Sunday to soften its stance on potential increases in OPEC oil output, saying it was the group’s responsibility to balance the market if production from Iran or any other member declined./ FILE PHOTO: Iran's national flags are seen on a square in Tehran February 10, 2012, a day before the anniversary of the Islamic Revolution. REUTERS/Morteza Nikoubazl/File Photo/ Tehran had previously said no OPEC member was allowed to grab market share from rivals, such as Venezuela or Libya, whose production had declined due to unrest or ...
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