ALSO READOPEC members propose Iran oil output be capped at 3.92 million bpd - source OPEC moves closer to oil output deal as Iran gets new offer Exclusive - Saudis threaten to raise oil output again as sparring with Iran returns OPEC experts fall short of agreeing on Iran, Iraq oil output Iran gives cautious nod to oil deal as bargaining starts
BEIRUT (Reuters) - Iran's oil minister said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit oil production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors.
"If we look at the OPEC meeting from an economic point of view we can reach an agreement soon to freeze oil output to 32.5 to 33 million barrels per day as decided in Algeria," Bijan Namdar Zanganeh said on Monday in an interview with state television.
"But if political will plays a role in this, it will be difficult to make a decision ... I hope oil is not used in the Wednesday meeting as a political tool," he added.
(Reporting by Bozorgmehr Sharafedin)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)