Iran sought to revive OPEC export quotas at meeting- news agency Shana

Reuters

13 June 2015 at 8:37 am

DUBAI (Reuters) - Iran sought to bring back OPEC export quotas at the group's meeting in Vienna last week, the oil news agency Shana reported. Iran's OPEC governor Hossein Kazempour Ardabili sent a letter to the group's secretariat last week proposing "a technical price formula that can resurrect the quota system and also prevent prices from falling," Shana reported on Saturday. (Reporting by Sam Wilkin. Editing by Jane Merriman)

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