The impact of the growth of Iranian oil exports on the Iranian oil market / market is again included in OPEC calculations

According to the Fars International Economic Group, while increasing Iran’s oil supply, it may be the inability of some OPEC member countries plus To compensate for the increase in production, member states intend to join Iran in the group.
Reuters quoted informed sources as saying in a report by OPEC plus It intends to join Iran in a production reduction agreement if the nuclear deal is revived.
According to the International Energy Agency, the possibility that 1.3 Million There is a barrel of Iranian oil to return to the market per day. This could offset some supply in the market and prevent further increases in oil prices, which are currently moving towards $ 100 a barrel.
Iran’s decision to cut production at OPEC, OPEC and OPEC allies plus Exempt.
Reuters quotes informed sources as saying that the exemption will allow Iran to increase its production, but OPEC plus Finally, he tries to include Iran in the group’s contract.
Iran initially seeks to regain lost production, possibly after talks with OPEC plus Will agree to a quota. Iran is one of the five founding members of OPEC.
Iran currently produces 2.5 million barrels of oil, which is 1.3 million barrels less than in 2018.
“With the lifting of sanctions, Iran will increase its oil production according to its equipment, capacity and interests,” Reuters quoted another informed source as saying.
“In my view, OPEC,” the informed source added plus “It will set a quota for Iran’s oil production, but it will implement it gradually, and Iran will accept this quota with a little bargaining to show its support for OPEC.”
* Request of the Secretary General of OPEC to determine new quotas with the presence of Iran
Mohammad Barkindo, Secretary General of OPEC from OPEC plus He wanted to define a new supply agreement that would include Iran.
* US economy benefits from lifting sanctions on Iran
The lifting of sanctions on Iran makes sense for the United States because it would lead to lower prices and internal pressure BidenThe president of this country is facing it due to rising inflation.
On the other hand, the United States probably does in consideration Has taken that any increase in Iranian production will neutralize the impact of a possible Russian-Ukrainian conflict on oil markets.
* Increase Iran’s oil production, help OPEC Plastic ها
OPEC Resources Plastic It is said that more supply of Iranian oil can compensate for the inability of some countries to increase production; Of course, this requires change سمهیه And make room for Iranian oil barrels.
However, the third informed source in OPEC plus He said the group does not shy away from talks on returning most of Iran’s oil to the market and has a history of dealing with similar issues.
The Iranian ambassador to Moscow stated: Tehran is holding consultations with Russia in the form of OPEC plus Considers it very important and hopes that these talks will continue.
Recently, Kazem Jalali, Iran’s ambassador to Moscow, said during an online conference commemorating the 43rd anniversary of the victory of the Islamic Revolution: “Iran in OPEC meetings and also in the form of OPEC plus It has a very effective presence. “We have and will have consultations with different countries in this regard.”
The Iranian diplomat added: “In particular, we think that consultations between Iran and Russia in the form of OPEC plus“It was very important and these consultations can continue in the new era.”(More details)
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