Indiaherald Group of Publishers P LIMITED

X
close save
crop image
x
TM
Sun, Feb 24, 2019 | Last Updated 12:41 am IST

Menu &Sections

Search

Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?

Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?
Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?
http://apherald-nkywabj.stackpathdns.com/images/appleiconAPH72x72.png apherald.com

As per report Iranian Petroleum Ministry has said that there has been no major change in Iran's production and export of crude oil despite US sanction threats. Accordingly Press TV quoted Iran's Petroleum Minister Bijan Namdar Zanganeh as saying that Iran has plans to counter US President Donald Trump's threats to stop Iran's oil sales, and "the plans are working successfully".



Xinhua news agency reported that the Iranian minister also criticized Trump's pressure on Saudi Arabia to increase its supplies and said such efforts would destabilize oil market. Moreover the governing principles in Organization of the Petroleum Exporting Countries (OPEC) would never allow such political pressures to change the directions of the market. Further the anti-Iran efforts by the US President are largely to blame for the high oil prices in international markets.

Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?

Furthermore Iran's petroleum minister said that "political issues should not interfere in the crude market, and supply and demand should determine the final oil price." Zanganeh said "But some political measures and instabilities spark concerns in the oil market and increase its price, including Trump's insulting order to some OPEC members”.

Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?

Has Saudi Arabia pledged US to increase its oil output by 2 million barrels per day?
5/ 5 - (1 votes)
Add To Favourite
More from author
Will India host Olympic Events after 2 Pakistan Sportsmen Visa denied?
CBI & ED likely to issue summons for questioning former ICICI Bank CEO Chanda Kochhar
SED of Tamilnadu mulling introducing board exams for classes 5 & 8
Will YS Jagan become CM of AP as per survey?
BJP leader wants Kanyakumari!
Viral video of school students in trains!
Measures were taken to stop water to Pakistan!
Kamal says Thiruvarur gave family politics!
Trump made no mention of China or Huawei, steps back from threat of full ban
Fight between Swiggy & Zomato extends to takeover of Uber Eats
Summer Season to be hotter than normal in Karnataka
Congress questions BJP as either PM was completely oblivious to Pulwama attack
Why Vijayakanth pretty unhappy with BJP-AIADMK response to DMDK ambition?
YSRCP attacks TDP saying AP has 59 Lakh Fake Voters
Telangana Govt announces Rs.25 Lakhs to Families of Pulwama attack jawans
2019 Elections testing waters for YS Jagan's stamina
Animosity between AP people & Central government out in the open
FIR registered against Pakistani actor wife refusing anti-polio drops to their daughter
Jr NTR to be brand ambassador for Appy Fizz in South India
History Maker: Madhusudhan Rao Founder of Lanco Infratech
Public exam for 5th and 8th class!
Bank fraudsters caught in Chennai!
Party members threatening to leave DMDK!
DMK and Congress Unite!
Network integration process of Vodafone Idea is on track by June 2020
Revanth Reddy copycats KCRs style
Lockheed Martin unveiled F-21 to boost India manufacturing in defense sector
Hearing in Sunanda Pushkar death case began on February 21
Will Captain Vijayakanth take alliance decision soon?
Funny!!! Vietnam Barber expert in Trump & Kim Hairstyles
How Chennai Swiggy Customer gets order delivery from Rajasthan?
Tiktok committed to safe & positive in-app environment for users in India
TN Govt plans to introduce Board Exams for Class 5 & 8
Guntur District farmer committed suicide, doubts raised
UK no longer preferred market for Indian investment due to Brexit factor
Pakistan Cricketers portrait removed from HPCA
About the author

Bharath has been the knowledge focal point for the world, As Darvin evolution formula End is the Start ... Bharath again will be the Knowledge Focal Point to the whole world. Want to hold the lamp and shine light on the path of greatness for our country Bharath.