Oct 6, 2001, 12:01 AM
News Code: 9031132
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phone on Chavez Venezuelan with slump price oil discusses Khatami Friday on here Khatami Mohammad President -- IRNA 6, Oct Tehran, Venezuelan his with prices oil in trend downward the discussed night .Chavez Hugo counterpart, on slump price oil the for blame the pinned president Iranian The will members OPEC" saying members, non-OPEC of output irregular the ".issue this into look to efforts exert Iran, of part the on efforts joint hope expressed further He Petroleum the of Organization the of members other and Venezuela a prevent would members non-OPEC as well as Countries Exporting .prices oil global in decline further Vladimir President Russian with talks his to pointed Chavez .slump price oil the over concern his expressed and Putin non-OPEC and OPEC among cooperation for need the stressed He arrive to need a was there saying crisis, major a prevent to members .problem the to solution fundamental at 11 September the since percent 20 slumped have prices Crude consumer global in drop major a amid .S.U the on attacks terror a of start the as assessed officially been now has which demand .recession of ministers oil said had Vienna in meeting delegates OPEC are Venezuela and Algeria Iran, Arabia, Saudi producers OPEC leading Russia non-OPEC from representative a with Sunday on Madrid in meet to in meet to planning also be to said is organization The .attendance in .said they Norway, to and prices oil sagging the discuss to intended is meeting The up shore to effort an in cut output possible a negotiate possibly .prices a back held crude, world's the of percent 40 produces which OPEC, last Vienna in meeting ministerial its in output cut to decision slumping despite unchanged quotas production its keeping week, .revenues that Tuesday last said Zanganeh Namdar Bijan Minister Oil Iran's discuss to members non-OPEC with group contact a formed had OPEC .market oil the to stability returning of ways the in stability how is OPEC the in debates ongoing the of One" he "members, non-OPEC of help the with restored be can market oil .Tehran in session parliament a attending after reporters told remedy to measures OPEC's and decline price oil the on Asked as OPEC of strengthening considering are We" said, he situation, the developments market oil watching carefully is OPEC .strategy best the ".successfully phase this of out come to hope we and low two-year a to slumped crudes of basket its for price OPEC's last by caused demand global in decline a of result a as week last .States United the in attacks terror month's keeping at aimed system mechanism price automatic an to According cut to decide can OPEC range, dollar 22-28 the within prices below remains price basket the if day a barrels 500,000 by production .row a in days trading 10 for barrel a dollars 22 BH/LS End