Iran’s oil minister said that OPEC’s oil output agreement did not specify a production increase and that a figure of 800,000 barrels per day (bpd) was an interpretation by some members of the group. The Organization of the Petroleum Exporting Countries and other top crude producers, meeting in Vienna, agreed on Friday to raise output from July, but the agreement failed to announce a clear target for the output increase, leaving traders guessing how much more OPEC will actually pump. “Despite what some (members) say about OPEC’s production rise of around 800,000 barrels (per day), there is no figure in the statement,” Bijan Zanganeh was quoted as saying by Iran’s oil ministry news agency […]