Tehran is throwing its weight behind a plan to cap output and says it will do everything it can to stabilize the price of crude. But there's no word on whether Iran will freeze its production at January levels.
The 14 members of the cartel have decided to extend oil output cuts until the end of 2018 under efforts to curb a global glut of crude. OPEC also said it could exit the deal earlier if the market overheats.
The cartel pumped more oil in July, boosting global supplies for the third month and casting doubt on OPEC's pledge to reduce production. But the IEA industry group hopes growing demand will take up the slack.
The International Energy Agency (IEA) has said the oil market could stay oversupplied for longer than expected due to rising production and limited output cuts by some OPEC exporters.
Saudi King Salman is in Moscow with a delegation that includes domestic military and oil experts. It is the first-ever visit by a sitting Saudi monarch to Russia.
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