OPEC Acting to Balance Oil Market, Iran OPEC Governor Says
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OPEC is acting to balance global oil markets and will make up for any shortage, Iran’s OPEC Governor Mohammad Ali Khatibi said, according to the state-run news agency Fars.
“OPEC is trying to compensate part of the shortage of supply of crude and to create a balance in the market and in the future OPEC will continue to fulfill its duty,” Khatibi said.