NIOC’s Ghamsari says output is shy of 4 million barrels a day Iran’s joining any output freeze is now up to oil minister With Iran’s oil production closing in on pre-sanctions levels, the world’s biggest crude suppliers may face a lower hurdle to an agreement on freezing output to revive prices. The Persian Gulf nation is pumping 3.8 million barrels a day, approaching its daily target of 4 million barrels, Mohsen Ghamsari, director for international affairs at the National Iranian Oil Co., said Wednesday at a conference in Singapore. He said earlier in the week that Iran could reach its target in two to three months. Members of the Organization of Petroleum Exporting Countries will hold talks with producers from outside the group, including Russia, during a conference in Algiers at the end of the month. Some ministers have called for an agreement to cap output in a joint […]