Aligned OPEC members can stabilize oil prices

GMT 20:09 2015 Saturday ,10 January

Arab Today, arab today Aligned OPEC members can stabilize oil prices

Tehran - MENA

Iranian President Hassan Rouhani says collective efforts by OPEC member states can help stabilize global crude prices at a desirable level in 2015, Press TV reported.
“Undoubtedly, cooperation among aligned countries in the OPEC, while neutralizing plans by certain powers against OPEC, can help stabilize an acceptable oil price in 2015,” Rouhani said on Saturday.
The Iranian president made the remarks in a meeting with Venezuelan President Nicolas Maduro in Tehran, where both officials underlined the necessity for the further enhancement of economic, political and cultural relations between Tehran and Caracas.
Rouhani said promotion of ties with the Latin American countries, including Venezuela, is among priorities of his administration.
He also called for the expansion of cooperation between Tehran and Venezuela at the international level, which he said would serve the interests of the Middle East and Latin America and can help restore security to the world.
“The two countries (Iran and Venezuela) are against terrorism and extremism in the world and are cooperating in the establishment of stability and security across the globe,” said Rouhani.
For his part, the Venezuelan president called on the oil exporting countries to help restore stability to oil prices.
After leaving Tehran, Maduro is expected to visit other member states of the Organization of the Petroleum Exporting Countries, including Saudi Arabia, to discuss oil price slump.


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