Arab Today, arab today rouhani calls for iranvenezuela cooperation to help stabilise crude prices
Last Updated : GMT 03:00:41
Arab Today, arab today
Arab Today, arab today

Rouhani calls for Iran-Venezuela cooperation to help stabilise crude prices

Arab Today, arab today

Arab Today, arab today Rouhani calls for Iran-Venezuela cooperation to help stabilise crude prices

Iranian President Hassan Rouhani
Tehran - FNA

 Iranian President Hassan Rouhani in a meeting with Venezuelan Foreign Minister Rafael Ramirez in Tehran on Saturday underlined the need for cooperation between Tehran and Caracas to help stabilize the crude prices in the global markets in a bid to prevent instability of international economy.
"The sudden fluctuations in oil prices (negatively) influence the stability of the global market and hence we should try to maintain balance in oil prices," the Iranian president said during the meeting.
He further pointed to the status quo of Iran-Venezuela relations, and said, "Tehran and Caracas should always stand beside each other and they should help each other to prevent the enemies from harming their national interest."
President Rouhani reiterated that Iran and Venezuela should boost their economic cooperation, and said, "We will be looking for broadening bilateral ties, specially in economic areas."
The Venezuelan foreign minister, for his part, said that his country will be beside Iran on all international areas.
Earlier today, Iranian Oil Minister Bijan Namdar Zanganeh underlined that the members of the Organization of Petroleum Exporting Countries (OPEC) are determined to reverse the trend of the falling market prices.
"It is important that the OPEC members are feeling the necessity for strengthening cooperation to restructure the current situation in the market and it is OPEC's responsibility to adopt proper action in this regard," Zanganeh said after meeting the Venezuelan foreign minister in Tehran.
Referring to the 166th meeting of OPEC due to be held on November 27, he said, "It is important that all OPEC members narrow down the gaps in their ideas during their bilateral and multilateral consultations."
In relevant remarks in September, Zanganeh called on the OPEC members to make joint efforts to keep oil prices from falling further.
“Given the (ongoing) downward trend of the oil prices, the OPEC members should make efforts to offset their production to keep the prices from further instability,” Zanganeh said.
OPEC is an international organization and economic cartel whose mission is to coordinate the policies of the oil-producing countries. The goal is to secure a steady income to the member states and to collude in influencing world oil prices through economic means.
OPEC is an intergovernmental organization that was created at the Baghdad Conference on 10–14 September 1960, by Iraq, Kuwait, Iran, Saudi Arabia and Venezuela. Later it was joined by nine more governments: Libya, United Arab Emirates, Qatar, Indonesia, Algeria, Nigeria, Ecuador, Angola, and Gabon. OPEC was headquartered in Geneva, Switzerland before moving to Vienna, Austria, on September 1, 1965.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today rouhani calls for iranvenezuela cooperation to help stabilise crude prices Arab Today, arab today rouhani calls for iranvenezuela cooperation to help stabilise crude prices

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday