Monday, 23 May 2011 15:48

OPEC Meeting June 8

The Organization of Petroleum Exporting Countries gave its on year rotating presidency to the second-largest crude producer member, to Iran. Now, the most oil traders are focusing on this coming event in Vienna, because the oil minister of Iran isn't Masoud Mir-Kazemi anymore.

The Iranian president, Mahmoud Ahmadinejad, fired his oil minister and declared himself as the new one. This way, he will be the one who will travel to Vienna hand held the opening speech of the ministerial conference.



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