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Abdul-Mahdi: oil prices are not acceptable to the members of OPEC and coordination for decision

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Rocky


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Abdul-Mahdi: oil prices are not acceptable to the members of OPEC and coordination for decision




2015/11/21

Count Oil Minister Adel Abdul Mahdi, on Saturday, the price of oil rates in the global market "unacceptable" and called on members of OPEC to discuss the erratic oil prices and coordination among them to take the appropriate decision, while stressing the need to preserve the unity of OPEC, despite the existence of a special opinion for each member.
Said Oil Minister Adel Abdul-Mahdi during a press conference held on the sidelines of the conclusion of the special meeting of the Forum of Gas Exporting Countries held in Tehran, and I followed (range Press), "The Member States of the Organization of OPEC that is keen to discuss the cases of non-attendance of crude oil prices in the global market."
He said Abdul-Mahdi, that "the market is currently experiencing difficulties unjustified," noting that "the oil market is currently experiencing a surplus processing while crude oil prices, rates have been down unacceptable" and expressed hope "the improvement in oil prices soon with the beginning of 2016".
He pointed out Abdul-Mahdi, to the need to "wait for what will take members of the OPEC decision at the next meeting of the Organization of 4 in December next in Vienna," calling on members of the organization to "coordinate among themselves to take the appropriate decision."
The Minister of Oil, to the need to "preserve the unity of OPEC, despite the existence of a special opinion in which each member," noting, "We are busy now in our efforts to improve the adoption of robust strategies through which global oil prices."

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