Iran boosts oil output, foreign firms keen to seal deals




 
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Iran boosts oil output, foreign firms keen to seal deals
 
January 18th, 2016  
News Manager
 

Topic: Iran boosts oil output, foreign firms keen to seal deals


Iran boosts oil output, foreign firms keen to seal deals
By Sam Wilkin and Bozorgmehr Sharafedin DUBAI (Reuters) - Iran ordered a sharp increase in oil output on Monday to take immediate advantage of the lifting of international sanctions, and some foreign firms raced to snap up deals as Tehran emerges from years of international isolation. Oil prices touched their lowest since 2003 on Monday as the market braced for additional Iranian oil exports.




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