Iran says US anti-OPEC bill 'inexpert'

0 Comments | AFP, May, 2008

TEHRAN (AFP) — A US bill authorising the federal government to sue OPEC in US courts over alleged price fixing is "inexpert" and "misleading," a senior Iranian oil official said on Saturday.

"The claim that OPEC has imposed the current prices on the market by cutting production is completely inexpert and a projection of US economic problems," said Hojatollah Ghanimi-fard, director of international affairs at the National Iranian Oil Co.

"Misleading the public mind appears to be the main point in this respect," he told the oil ministry's news service Shana.

"Is it not true that OPEC's output is at its highest within recent years and that the strategic supplies in consumer countries, especially the United States, have increased," asked Ghanimi-fard.

...