OPEC+ won’t meet until oil output numbers agreed, says Iran

OPEC+ won’t meet until oil output numbers agreed, says Iran

Iran has said that there needs to be an agreement on oil production numbers before any future meeting between OPEC and non-OPEC members. The US and Canada should join in oil output cuts, Iran’s Oil Minister Bijan Zanganeh tweeted. He added that he had spoken with oil ministers from Algeria, Russia, and Kuwait about stabilizing the market.

Timothy
Timothy
R_Forde
R_Forde 1 months

This seems like price fixing. Something need to be done about OPEC and their strong arming.

Scribe J
Scribe J 1 months

$0.97 ?! where?

Voice of Reason
Voice of Reason 1 months

So it's not going to happen, the US isn't interested in limiting oil production by fiat and without the US in on the deal the other oil producing countries will have to curb production too much to be reasonable.

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