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Iran is prepared to freeze the level of oil production

Because of the disagreement of the Tehran negotiations broke down on April 17.

10.May.16 6:06 AM
By Johnatan Toadlicker


Iran is prepared to freeze the level of oil production
Iran is finally ready to join the plan of freezing of oil production. Representatives of the local oil company said that the country has reached the level of production, which sought. Today is the day Iran produced 4.2 million barrels of "black gold".

Earlier, Tehran said that the country's economy need to recover from the sanctions, and he has to go to the pre-sanctions level of oil production of about 4 million barrels per day. This position was the main reason for failed negotiations in Doha on April 17.

Note that Saudi Arabia, which oil is the main competitor of Iran in the region, ready to go to freezing only in the case if it will make Tehran.

Now oil is trading at $45 per barrel.

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