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Iran to ask OPEC to return to pre-Libya output Iran plans to ask OPEC countries that raised output during the Libyan stoppage to return to their pre-war levels of production
In the run-up to an OPEC meeting in December, Iran will seek to persuade those member countries that raised output in response to the Libyan crisis earlier this year to return production levels back to where they were before, the Oil Ministry's SHANA website reported on Friday. "We will ask the countries that increased their production when Libya stopped production to change the level of production (back) to the previous level," SHANA quoted Oil Minister Rostam Qasemi as saying. On prices, Qasemi said: "The current situation of oil is relatively fair but as a producer we prefer that the price is better than its current level."