With OPEC’s Nov. 30 meeting in Vienna just days away, the oil minister of Iran, a member state once reluctant to help the cartel gouge gas prices, announced his readiness to join in and strengthen production cuts. “It is highly probable that oil and energy ministers of the member countries of Organization of Petroleum Exporting Countries will reach an agreement in the Nov. 30 meeting,” Iranian Oil Minister Bijan Zangeneh said Saturday after meeting with OPEC’s secretary general in Tehran, the oil industry news site Shana reported . He added that “even Western countries expect higher prices in the market that the current levels,” and that the cartel would target a range of $55 to $60 per barrel, up from less than $50 today. Zangeneh’s declaration contrasted with his stalemate last summer, when he blocked the cartel from reaching an agreement at a June 2 meeting in the Austrian […]