Iran and Saudi Arabia jockey for OPEC position

Saudi Arabia would boost production to offset any loss of Iranian oil

MarketWatch: Members of the Organization of the Petroleum Exporting Countries Thursday agreed to keep their collective production ceiling unchanged at 30 million barrels per day, according to various news reports. Most analysts expected the cartel to stand pat on output, though there were some concerns that OPEC would decide to cut the quota to help boost prices, which have fallen below $100 a barrel. The market has also been concerned about the impact of European Union sanctions on Iran, with Saudi Arabia saying it would boost production to offset any loss of Iranian oil.

from Ghormeh Sabzi
15-Jun-2012
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Dr. Mohandes

How about trita parsi?

by Dr. Mohandes on Fri Jun 15, 2012 10:18 PM PDT

They say there is a well-qualified yet overlooked and under-compensated iranian-swedian (not swedish)- american (perhaps maybe even canadian) fellow named Doctor parsi...for the above position.

Either that or our own one and only Fa...ra...marrrzzzzzzzzzzzzzzzz. Give it up for faramarz ladies and gentlemen! 


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Faramarz

Next OPEC Secretary General

by Faramarz on Fri Jun 15, 2012 09:33 AM PDT

 

Arabs don't trust the Regime and the Regime is hated by almost all OPEC members, so at the end they will all agree on somebody from a third country. The odds are that Wilson Pastor of Ecuador will be the next Secretary General of OPEC.

p.s. The only Iranian Secretary General of OPEC was its first one back in 1961, Mr. Fouad Rohani.


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