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Iran says OPEC will not lift output ceiling

Tehran, July 9 (Newswire): Iran's caretaker oil minister said on Saturday that OPEC was opposed to any increase in output ceilings in the absence of "well-studied justifications".

"Iran's policy as head of OPEC is to maintain the production ceiling of this organisation," Mohammad Aliabadi was quoted as saying by the semi-official Mehr news agency.

"It is an issue which a majority of OPEC members agree with." Iran holds the rotating OPEC presidency.
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