No solution offered for Iran, Iraq’s resistance to output cuts Russia reiterated offer to accept a production ceiling OPEC said it made progress toward a deal to cut production by more than 1 million barrels a day after another round of oil talks with Russia, but left crucial details including the role of Iraq and Iran to be resolved later this month. While ministers from Saudi Arabia and Algeria reiterated their goal of reducing the group’s production to 32.5 million barrels a day — the most ambitious implementation of the Sept. 28 Algiers agreement — they offered no clear details about how to resolve Iraq and Iran’s resistance to making cuts. Neither did they secure a pledge from Russia to do more than cap production, which is currently at record levels. “The goal was to prepare for Vienna,” where the Organization of Petroleum Exporting Countries holds talks on Nov. […]