MarketWatch | Oil prices under pressure as hopes dim for production cuts MarketWatch That news hit oil prices because Iran has been maintaining that it will raise its crude output until its exports reach pre-sanction levels. On Sunday, Iran's oil minister, Bijan Zanganeh, said the country's oil exports jumped by 250,000 barrels a day ... Oil slides as output freeze hopes fade Oil Speculators Bet Rally's Over as Doubts Grow on Output Freeze More Good News For Oil |