Iran’s oil minister said Friday he’ll go to an Algerian meeting where producers could move to stabilize prices, but kept his defense of market share. “Revival of Iran’s lost share in the oil market is the national demand of Iranian nation,” Oil Minister Bijan Zanganeh was quoted in the ministry’s official news agency SHANA as saying. Saudi Arabia’s oil minister suggested there may be some coordinated action taken among major producers on the sidelines of the International Energy Forum next month in Algeria. In comments to the official Saudi news agency, Oil Minister Khalid al-Falih said “any possible action” required to stabilize the market was under consideration. Zangeneh noted widespread support for some sort […]