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A deal could see the return of several million barrels per day of Iranian oil production | OPEC members plead their case with Saudi Arabia to cut back production

Iran Negotiations, OPEC Meeting Loom For Oil Markets


As November draws to a close, there are two major events that could profoundly change the oil markets. With the clock ticking, the 5 permanent members of the UN Security Council plus Germany (P5 plus 1) are negotiating down to the wire with Iran over its nuclear program. The two sides have made substantial progress, but some difficult issues remain unresolved ahead of the November 24 deadline.
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