Iranian oil minister says expects no agreement at OPEC

Iranian oil minister says expects no agreement at OPEC

VIENNA (Reuters) - Iranian oil minister Bijan Zanganeh said on Tuesday that he does not expect OPEC to reach an agreement when the oil producer group holds policy discussions this week.

"I don't think" there will be an agreement, Zanganeh told reporters.

He also lashed out at the U.S. administration, saying oil was not a political tool and that U.S. President Donald Trump's policies had caused high oil prices.

Oil ministers from the Organization of the Petroleum Exporting Countries meet on Friday in Vienna, followed by talks with non-OPEC oil producers on Saturday.

(Reporting by Alex Lawler; Writing by Dale Hudson; Editing by Dmitry Zhdannikov)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jun 20, 2018 01:05 AM

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