Bloomberg | Iran, OPEC's Big Winner, Will Sign Landmark Oil Contract Bloomberg Although it may take years for new investment deals to bear fruit, the signing will cap a good few days for Zanganeh, who returned from last week's OPEC meeting in Algiers having secured Iran's right to pump more oil even as Saudi Arabia and its Gulf ... Oil is threatening $50, and may already be targeting $60 or above, analysts say Why Saudi Arabia's capitulation may not be enough to boost oil prices |