15.01.2014 - Iran will call on OPEC to reduce production in case of price fall: Minister

Minister of Oil Bijan Namdar Zanganeh has said he did not expect any major change in oil price stressing if the oil price witnesses a dramatic fall then Iran will propose the OPEC to reduce production. Referring to Iran as one of the co-founders of the Organization of Petroleum Exporting Countries, Zanganeh said the country can propose reduction of oil production as a way to deal with any possible instability in oil market...............................................Full Article: Source

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