Iran OilMin: Don't think there will be agreement at this OPEC meeting

Eren Sengezer FXStreet

Ahead of OPEC's Vienna summit, Iranian oil minister Bijan Zanganeh crossed the wires saying that he didn't think there would be an agreement at the OPEC meeting, as reported by Reuters.

Key quotes

OPEC is not an organisation to receive instructions from Trump.
OPEC is not part of the U.S. Department of energy.
Oil is not a weapon or political tool.
High-price situation has been created by Trump.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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