Reuters: Iran oil minister says proposed OPEC emergency meeting may hurt market
Iran's oil minister said on Friday any emergency meeting of the Organization of Petroleum Exporting Countries would hurt the crude oil market if it made no decision to shore up falling prices.
Venezuela has been calling for an emergency meeting to discuss steps to prop up prices, which are at their lowest since 2003. But Iran and Gulf members of the OPEC have been rebuffing Venezuela's push for a special meeting.
"There should be an intention to make a firm decision in such a meeting; otherwise, the meeting will have a negative impacts on world oil markets," Iran's Bijan Zanganeh was quoted as saying by the news agency SHANA.
"The important thing is that there must be an intention for change, but we have not yet received such a signal," he said.
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More News on The OPEC Split On The Price Of Oil
Iran Petroleum Minister: Emergency OPEC Meeting Risks Hurting Oil Market -- Sputnik
Iran says OPEC emergency meeting may prove negative -- Press TV
No end to oil rout as Saudi Arabia plays tough -- The Telegraph
Saudi Arabia says $30 oil is ‘irrational’ -- Financial Times
No sign Saudi Arabia will ride to oil market rescue -- Reuters
Venezuela urges OPEC and non-OPEC producers to meet in February -- Reuters
Venezuela's call for emergency OPEC meet gets doubtful response -- Reuters
Nigeria Seeks Emergency OPEC Meeting -- WSJ
OPEC Splits Show at Davos as Nigeria Debates With Saudi Arabia -- Bloomberg
OPEC nations talk oil policy at Davos -- Fuel Fix
OPEC split over oil production cuts -- RT
Poorer Opec members feel pressure of oil slide -- The Times
Will OPEC Be Forced To Call An Emergency Meeting Soon? -- Charles Kennedy, OilPrice.com
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