Iran's Oil Minister Says There's No Need to Call Emergency OPEC Meeting

(Bloomberg) -- Iran, the second-largest producer in
the Organization of Petroleum Exporting Countries, said there's
no need for OPEC to hold an emergency meeting because markets
are well-supplied.

``There is no shortage in the world markets of oil and
there is no need for OPEC to hold an emergency meeting,''
Iranian Oil Minister Kazem Vaziri-Hamaneh told the country's oil
ministry press agency Shana today.


Read more at Bloomberg Energy News