The Traderszone Network

Published in TZ Latest News 23 January, 2016 by The TZ Newswire Staff

Iran oil minister says proposed OPEC emergency meeting may hurt market

Iran’s oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude oil market if it made no decision to shore up falling prices. Venezuela has been calling for an emergency meeting to discuss steps to prop up prices, which are at their lowest since 2003.