Sep 12, 2000, 12:01 AM
News Code: 9056558
0 Persons
stabilize to best its done has OPEC says minister oil Iran's market oil Zanganeh Namdar Bijan Minister oil Iran's -- IRNA 12, Sept Vienna, the at do could they all done have members OPEC that Monday said stability bring to Vienna in meeting ministerial 111 organization's .market oil the to and market the towards responsibly acted OPEC that noted Zanganeh .prices fair for are countries member 800,000 add to decision Sunday OPEC's with that remarked also He over by increased has production its output, its to day per barrels .2000 October to April from b/d million 3.3 market oil the in player sole the not in OPEC that said Zanganeh stressed he .market the controlling for tools all possess not does and and OPEC with do to nothing have markets the in speculation oil that the of parts different from import oil in problems technical US the oil producing for refineries US the in problems capacity and world beyond factors are election presidential US the as well as products .maneuvre of capability OPEC's members OPEC of many said Zanganeh demand, and supply oil On great the and market the in supply of lack no is there that believe the that shows crudes sour and sweet of prices between differential is that crude of type the ) crude sour with problem no faces market .(producers OPEC big by most produced by products oil on levied taxes high to referred also Zanganeh gasoline of price high in factor important an as countries western .users end for fall another avoid to careful be should OPEC that said Zanganeh a which during 2001 of quarter second the in notably price oil of .expected is day per barrels million 3 some of drop demand 28 above remains price basket OPEC the if that asserted Zanganeh its increse again once to ready is organization the barrel, a dollars .output barrels million 4 over at capacity production Iran's put Zanganeh He .development reservoir of projects current the regarding day per said He .OPEC in quota production its with problem no has Iran said and day per barrels million 4.2 at stands now export oil Iran's .October next of as million 5.2 reaches a on agreement reach not could ministers OPEC that said also He .organization the for general secretary new HM/HM End