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Iran asks OPEC members to put political rivalries aside at Vienna meeting - state TV

Reuters  |  BEIRUT 

BEIRUT (Reuters) - Iran's minister said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors.

"If we look at the meeting from an economic point of view we can reach an agreement soon to freeze output to 32.5 to 33 million barrels per day as decided in Algeria," Bijan Namdar Zanganeh said on Monday in an interview with state television.

"But if political will plays a role in this, it will be difficult to make a decision ... I hope is not used in the Wednesday meeting as a political tool," he added.

(Reporting by Bozorgmehr Sharafedin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Iran asks OPEC members to put political rivalries aside at Vienna meeting - state TV

BEIRUT (Reuters) - Iran's oil minister said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit oil production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors.

BEIRUT (Reuters) - Iran's minister said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors.

"If we look at the meeting from an economic point of view we can reach an agreement soon to freeze output to 32.5 to 33 million barrels per day as decided in Algeria," Bijan Namdar Zanganeh said on Monday in an interview with state television.

"But if political will plays a role in this, it will be difficult to make a decision ... I hope is not used in the Wednesday meeting as a political tool," he added.

(Reporting by Bozorgmehr Sharafedin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
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Iran asks OPEC members to put political rivalries aside at Vienna meeting - state TV

BEIRUT (Reuters) - Iran's minister said members of the Organization of Petroleum Exporting Countries (OPEC) could agree a plan to limit production at their meeting in Vienna this week if they put aside political rivalries and focus on economic factors.

"If we look at the meeting from an economic point of view we can reach an agreement soon to freeze output to 32.5 to 33 million barrels per day as decided in Algeria," Bijan Namdar Zanganeh said on Monday in an interview with state television.

"But if political will plays a role in this, it will be difficult to make a decision ... I hope is not used in the Wednesday meeting as a political tool," he added.

(Reporting by Bozorgmehr Sharafedin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22