TEHRAN, Dec. 01 (Shana) – Iran's output will be 3.9 million barrels per day per an agreement reached in the OPEC 171st ordinary meeting on Wednesday, November 30. The petroleum ministers of the Organization of the Petroleum Exporting Countries (OPEC) decided to curtail their total production by 1.2 million barrels a day. For the first ever since 2008, OPEC will cut its production in consistency with the Algiers September 28 accord. In accordance with the Algiers accord, the Organization's output ranged between 32.5 million barrels per day to 33 million barrels per day. Oil prices are predicted to rise after the November 30 agreement to 50 to 55 dollars a barrel.