According to experts’ opinion, OPEC is to meet Iran.
It's probable that OPEC will agree to reduce oil production in order for Iran to return successfully to the oil market. This opinion was expressed by Thomas Pugh, economist of the British consulting company Capital Economics.
"It is unlikely that other OPEC countries are going to reduce production, allowing Iran to restore its market share, that is why any increase of Iranian supplies will lead to a decrease in oil prices,’’ Trend cited him.
