Oct 16, 2001, 12:01 AM
News Code: 9032019
0 Persons
market oil int'l in developments current review UAE Iran, (UAE) Emirates Arab United the and Iran -- IRNA 16, Oct Dhabi, Abu oil international the in developments recent reviewed Monday on here .market Alireza Dhabi, Abu to Ambassador Iran's of Republic Islamic The Resources, Mineral and Petroleum of Minister UAE the and Salari, cooperation oil bilateral discussed also al-Nasiri, Saif Bin Obeid .states two the between of Organization the of members active are UAE the and Iran Both .(OPEC) Countries Exporting Petroleum slump major a prevent can OPEC policies, appropriate adopting By and 1998 in happened what of repetition a prevent and prices oil in .said minister UAE the 1999, of price its from 8.19 dlrs to fallen has crude OPEC of price The .month past the over barrel per 25 dlrs OPEC by taken being are measures sources, informed to According 700,000-1,000,000 by production organization's the reduce to officials .day a barrels FS/LS/HM End