Iran wants some OPEC states to cut output

摘要

Dubai-OPEC countries that boosted oil production to compensate for the loss of Libyan supply earlier this year must reduce output as Libyan oil returns to world markets, a senior Iranian oil official said October 5. Iran's OPEC governor, Mohammad Ali Khatibi, said the continuing global economic crisis would have a negative effect on oil demand. He predicted Libya would soon be exporting some 400,000 to 500,000 b/d of crude and called on OPEC producers to rein in output.