TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh will leave Tehran for Vienna today to attend the 172st meeting of the Organization of the Petroleum Exporting Countries (OPEC) which is due to be held on Thursday, Shana reported.

OPEC members will meet on May 25 to discuss whether to extend output cuts agreed in December last year between OPEC and 11 non-member countries, including Russia.

Many oil market analysts believe that OPEC is going to extend the cuts for another nine months.

EF/MA