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For the first time since its Islamic revolution in 1979, Iran will hold the rotating presidency of OPEC, comprising twelve oil-producing nations.
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Similar increases have come from Kuwait and Iraq, even while total OPEC and non-OPEC imports declined.
Fig. 5 Trend of World Oil Production by OPEC and Non-OPEC.
The production gap between OPEC and non-OPEC's total oil production is less than 5%.
"The market doesn't distinguish between an OPEC and a non-OPEC producer," he says.
But if world demand remains sluggish, Iraq's fellow OPEC members may not be patient.
Non-OPEC members boosted production and unity within OPEC frayed as conservation measures slowed consumption growth.
Opec members meet in Vienna this week where falling prices will be discussed.
Brown blames Opec.
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