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Article: Paper Holds Western Countries Responsible for High Oil Prices
- Article from:
- Xinhua News Agency
- Article date:
- September 12, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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An Iranian newspaper on Tuesday held Western countries
responsible for the soaring oil prices in the world market, and
urged the Organization of Petroleum Exporting Countries (OPEC) not
to raise oil output under Western pressure.
Western countries as well as their oil giants are more to be
blamed for the soaring oil prices than the OPEC member states,
commented the English-language daily Tehran Times.
It pointed out that Western countries impose heavy taxes and
duties on the imported crude, thus forcing the consumers in these
countries to buy fuel at almost twice the price set by oil
exporters.
Oil ministers of OPEC members agreed on Sunday to increase output
by 800,000 barrels per day, ...