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Iran says OPEC members who increased output should take lead on cuts

Reuters  |  LONDON 

By Alex LawlerLONDON (Reuters) - Qatar's decision to quit OPEC shows the frustration of small producers at the dominant role of a Saudi and Russia-led panel, a top Iranian official said, adding that any supply cuts should come only from countries that had increased output. The comments underline tensions within the Organization of the Petroleum Exporting Countries ahead of this week's meeting to discuss curbing output and prolonging a supply-limiting pact with Russia and other non-members into 2019.Iran has been angered by higher production from Saudi Arabia and Russia, which chair a panel ...

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First Published: Mon, December 03 2018. 21:06 IST
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