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"We
are receiving positive signals that increase the likelihood of
agreement at the meeting ... and I'm optimistic about the
situation," Zanganeh told state television by telephone, after
meeting OPEC Secretary-General Mohammed Barkindo in Tehran ahead
of the Nov. 30 meeting.
"I think if we can reach an agreement, God willing, the price
would rapidly reach above $50 per barrel ... If non-OPEC
(producers) also cooperate, I don't think $55 per barrel would
be out of reach."
Benchmark Brent crude rose by 37 cents to $46.86 per barrel on
Friday.
Asked about an OPEC proposal for an output cap of 3.92 million
barrels per day for Iran, Zanganeh said: "We have not reached
any agreement. We have expressed our views and we look forward
to explaining them."
The Organization of the Petroleum Exporting Countries is moving
closer toward finalizing its first deal since 2008 to limit oil
output, with most members prepared to offer Iran significant
flexibility on production volumes, ministers and sources said on
Friday.
Iran has been the main stumbling block for such a deal because
Tehran wants exemptions as it tries to regain oil market share
after the easing of Western sanctions in January.
(Reporting by Dubai newsroom; Editing by Kim Coghill and Dale
Hudson)
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