BREAKING NEWS

Iran's Rouhani says OPEC's cooperation to stabilise oil market

By REUTERS

DECEMBER 8, 2016 22:09

Iran's President Hassan Rouhani said on Thursday that members of OPEC should work together to secure implementation of a deal reached last month aimed at stabilizing the oil market, Iran's state TV reported.

"Close cooperation among OPEC and non-OPEC countries is key to stabilizing the oil prices and their increase," Rouhani said in a telephone conversation with Venezuela's President Nicolas Maduro, according to Iran's state TV.

"It will pave the way for implementation of deals reached during meetings in Algiers and Vienna this year."

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