Iran to boost oil output via $1.2 billion deal with local companies

Oil edges up but set for weekly fall on Iran nuclear talks

By Administration_ India Capital Sands Iranian energy companies have agreed deals worth $1.2 billion to raise the nation’s crude output, state-run National Iranian Oil said. The signings were initially meant to take place on Monday in Tehran in the presence of Oil Minister Bijan Namdar Zanganeh, but have been delayed, NIOC said in a statement. […]