‘Saudi acceptance of crude output rise means withdrawal from the OPEC’

Young journalists club

News ID: 25276
Iran » Iran
Publish Date: 15:48 - 01 July 2018
TEHRAN, July 01 - Iran’s OPEC Governor, Hossein Kazempour-Ardebili said Saudi Arabia’s accepting oil output rise means its withdrawal from the OPEC.

‘Saudi acceptance of crude output rise means withdrawal from the OPEC’TEHRAN, Young Journalists Club (YJC) - “Saudi is not capable of increasing output by 2 million barrels per day and this demand means an order to Saudi Arabia to quit the oil cartel.”

He made the remarks after a new tweet by US President Donald Trump asking Saudi King Salman to increase oil output by 2 million barrels a day. The request was accepted by Saudi Arabia.

The Iranian official noted Saudi Arabia is not capable of increasing output by 2 million barrels per day and in case Saudi accepts Trump’s order, it means Riyadh withdrawal from the OPEC.

 

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