OPEC welcomes back Iran

Politics & Economics

At its latest meeting in Vienna, OPEC welcomed back Iran to its fold, and decided to hold its oil prices for the next six months. Production of oil will not be increased, to help Iran regain its former quota and second producer position, currently held by Iraq.

(Source: euronews YouTube channel)

More Videos

Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Most Discussed
This Week's Magazine »

Cover Story 2

Home truths: Dubai Properties Group CEO Abdullatif AlMulla
Dubai Properties Group is one of the emirate’s real estate crown jewels but has not courted the same level of press interest as Emaar or Nakheel. With epic masterplan projects including JBR, Dubailand and Business Bay and a mass land bank to develop, newly appointed Group CEO Abdullatif AlMulla looks set to spruce up the company’s profile

Also in this issue

Subscribe Now