Iran rejects Saudi Arabia's offer to limit its oil output
Iran rejected on Tuesday an offer from Saudi Arabia to limit its cutting supply, dashing market hopes the two major producers would find a compromise this week to help ease a global glut of "The gap (in views) between OPEC countries is narrowing. I don't expect that an agreement will come out of the consultations tomorrow," Saudi Energy Minister Iranian Oil Minister Bijan Zanganeh said earlier: "It is not the time for decision-making." Referring to the next formal OPEC meeting in Vienna on Nov. 30, he added: "We will try to reach agreement ...
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