Kuwait Officer sayd Oil Producers Must Freeze the Production
2016-05-17
May 15, Saturday, According to news reported by State news agency KUNA, Kuwait deputy foreigh minister Khaled Jarallah said that the oil producer must freeze the production and the market can not afford the oil production increase from Iran.
"There is no choice but to freeze production," Jarallah told the Japanese news agency.
Jarallah also said,"Iran should learn from the market, the market just does not give an opportunity to increase production"
As we all know the Doha meeting failed to freeze the production, Iran had refused to join the supply freeze initiative and the deal feel apart after Saudi Arabia insisted Tehran take part.--News from World Energy News.
Kolanky
The leader of oilfield chemicals
