Mubasher: Saudi Arabian Oil Minister Ali Al-Naimi said on Friday that the rising global demand on oil could absorb an expected jump in Iranian production next year.
Meanwhile, Iranian Oil Minister Bijan Zangeneh said he expected OPEC to roll over production policies on Friday.
Iraqi Oil Minister Adel Abdel Mahdi said his country would further raise output next year after having steeply increased production in 2015. He added that Iran also has the right to increase output after Western sanctions on the country are lifted.
