Venezuela’s Oil Minister Eulogio del Pino attends a meeting with President Nicolas Maduro at Miraflores Palace in Caracas, in this handout picture provided by Miraflores Palace on January 6, 2016. Venezuelan oil minister Eulogio del Pino said on Thursday fellow OPEC member Iran would reach pre-sanction oil output levels by September, allowing a revival of talks on a global oil production freeze. Speaking to Reuters on the sidelines of Russia’s main economic forum in St. Petersburg, Del Pino said the freeze idea could be discussed at an informal meeting of OPEC and non-OPEC producers in Algeria in September. He also said he would propose OPEC formally adopts a policy of “production ranges”, which would allow output of country members to fluctuate by a certain amount. That would allow the organization not to go back to discussing the thorny issue of a production ceiling and individual production quotas, he said. […]