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Venezuela and Iran want to convince OPEC countries to defend oil prices
Energy
- 14 November, 2014
- 13:07
Baku. 14 November. REPORT.AZ/ Venezuela and Iran want to convince OPEC countries to defend oil prices. For this purpose, oil ministers of Venezuela and Iran went on a trip to the countries of the cartel, Report informs referring to the newspaper "The Wall Street Journal".
"Such diplomatic tour on the eve of OPEC meetings (Ed. note: will be held on November 27 in Vienna) are extremely rare - the newspaper notes. - This underscores the growing of concern inside OPEC about falling of oil prices." The current situation has led to the demand of a number of countries to the current decline in oil production, the newspaper added.
On November 14 the price of Brent crude oil fell below 77 dollars per barrel.
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