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Do not blame OPEC, oil producer group says of Trump criticism

Reuters  |  CALGARY, Alberta 

By Marcy NicholsonCALGARY, Alberta (Reuters) - The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump's recent demands for higher oil output, saying OPEC does not shoulder the blame."OPEC alone cannot be blamed for all the problems that are happening in the oil industry, but at the same time we were responsive in terms of the measures we took in our latest meeting in June," Organization of the Petroleum Exporting Countries President Suhail al-Mazrouei told Reuters in an interview in Calgary, Alberta."I feel OPEC is doing its part."Trump has accused ...

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First Published: Tue, July 10 2018. 07:02 IST