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OPEC’s Arab members must cut crude output, Iran’s Khatibi says

Posted on 12 October 2011

Arab OPEC members that boosted crude exports to make up for reduced supply from Libya need to cut production as the North African nation increases output, Iran OPEC governor Mohammad Ali Khatibi said.
Certain members should return to the production level they had prior to the Libyan crisis, in line with suggestions from the group’s Secretary-General Abdalla el-Badri, Khatibi said, without identifying the nations, according to the state-run Mehr news agency……………………………………….Full Article: Source


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