Iran can raise output to 4 million b/d in 2-3 months: NIOC Oil producers meeting in Algiers this month for output talks As speculation swirls over whether oil producers will reach a deal to coordinate output and aid a recovery in prices, Iran says it’s ready to pump more. The OPEC member can raise production to 4 million barrels a day in two to three months from the current daily level of about 3.8 million, Mohsen Ghamsari, director of international affairs at state-run National Iranian Oil Co., said in Singapore on Monday. The company faces no technical or operational reasons to restrict or cut output, state news agency Mehr cited Managing Director Ali Kardor as saying. The comments signal that any deal between oil producers in Algiers later this month may have to accommodate more supplies from Iran. The Persian Gulf state is seeking to regain market share after […]