AFP, Vienna :
A global glut of oil will rise further next year, Iran’s oil minister said here Wednesday on the eve of OPEC’s meeting to decide on whether to cut its output.
“All the experts in the markets believe that we have an oversupply on the market and next year we will have more oversupply,” Iran’s Oil Minister Bijan Namdar Zanganeh told reporters.
A global glut of oil will rise further next year, Iran’s oil minister said here Wednesday on the eve of OPEC’s meeting to decide on whether to cut its output.
“All the experts in the markets believe that we have an oversupply on the market and next year we will have more oversupply,” Iran’s Oil Minister Bijan Namdar Zanganeh told reporters.
