Zanganeh added: "Trump's order to OPEC members to increase production is a great insult to those governments and nations, and destabilises the market".
Top exporter Saudi Arabia told OPEC it raised oil output by nearly 500,000 barrels per day last month, OPEC sourcessaid, a sign Riyadh wants to make up for shortages elsewhere and dampen prices.
In his latest tweet on the subject on Wednesday, Trump said that the "OPEC Monopoly must remember that gas prices are up & they are doing little to help".
Brent crude futures LCOc1 were at $77.78 per barrel at 0137 GMT, down 46 cents, or 0.6 percent, from their last close. This must be a two way street.
Korea Sends Germany Home in World Cup
Granqvist, who also scored from the spot against South Korea , said: "What a performance - it could have been 5-0 or 6-0". Ivan Perisic scored a late victor to send the Eastern Europeans through to the next stage of the competition.
US President Donald Trump has tried to calm jittery oil markets by suggesting Saudi Arabia is willing to use up to 2 million barrels per day in spare capacity to meet any supply shortages arising from US sanctions on Iran, writes Nassir Shirkhani. "REDUCE PRICING NOW!" Trump tweeted.
Saudi Arabia has told OPEC it pumped 10.488 million barrels per day (bpd) of crude oil last month, an increase of 458,000 bpd from the level it said it produced in May, OPEC sources told Reuters on Thursday.
OPEC together with a group of non-OPEC producers led by Russian Federation started to withhold output in 2017 to prop up prices.
The U.S. bank warned that supply threats were "threatening a sharp further rise in prices and global economic growth".
Saudi Arabia has wanted to sell shares in Aramco to bring in foreign investment to diversify its economy, but legal concerns about listing in places like London or NY have presented complications.
OPEC agreed with Russian Federation and other oil-producing allies last month to raise output from July, with Saudi Arabia pledging a "measurable" supply boost but giving no specific numbers.
USA tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday and Beijing has vowed to respond immediately in kind, setting the two world's biggest economies on a path toward a full-blown trade conflict.
Meanwhile, China's commerce ministry said on Thursday the United States is "opening fire on the entire world", warning that Washington's proposed tariffs on Chinese goods will hit global supply chains.
Gareth Southgate insists he knew England would get over the line during a dramatic penalty shoot-out victory over Colombia . Colombia built up as the first half drew on, but both teams ultimately went into half-time with the scoreline at nil-nil.
And will this further isolate the United States on the world stage? The United States' current term on the council ends next year. According to the Washington Post , the United States could have stayed on the Council as a nonvoting observer.
Colombia was one of the stories of the last World Cup , with James Rodriguez rising to prominence with his performance in Brazil. He almost single-handedly guided Colombia into the championship by scoring six goals in only five games.
This schedule applies to all OnePlus 3/3T, OnePlus 5/5T, OnePlus 6 devices and will be effective immediately. Now, for the first time ever, OnePlus has officially released the software support schedule for its device.
If the reports are indeed true, Croatia will only have one natural number 9.in their squad, Mario Mandzukic. However, Dalic wouldn't comment on his motives, saying only: "I need my players fit and ready to play".
Trump is holding a rally Thursday in Great Falls to campaign for Tester's Republican challenger, State Auditor Matt Rosendale . Below, then, are the 11 most unsafe lines Trump said last night - and why each one poses a real risk to the body populace.
Iniesta said the players could not blame turbulence off the pitch for their failure to live up to expectations. There was little change in the pattern after the break, forcing coach Fernando Hierro to introduce Iniesta.
About 800 Chinese products, from boilers to industrial robots and cars, will have a 25% tariff imposed when imported into the US. The penalties came in response to $34 billion worth of tariffs the Trump administration placed on Chinese products.
This time, we spotted Chopra along with her alleged beau Nick Jonas out for a dinner date in Mumbai looking stunning as ever. Reports that Nick and Priyanka are seeing each other surfaced after they spent Memorial Day Weekend together.
North Korea's news agency KCNA quoted Xi as saying relations between China and North Korea had entered a new stage of development. It followed a cargo plane that had carried his private limousine to Singapore for his summit with U.S.
Hot, humid weather to continue through the week
The city has extended its pool hours and opened its seven cooling centers, which provide air-conditioned spaces and cold drinks. He said the Montreal heat exposure victims were between 50 and 80. "The most recent one was back in 2011", says Cheng.
Croatia beat Denmark on penalties to reach quarter-finals
Another alternative to watch the Denmark vs Spain game online without cable is via Hulu Live TV with complete World Cup coverage . The second of the three all-European ties in the Round of 16 at Russian Federation 2018 is happening for the first time .
LeBron back in Los Angeles as start of free agency nears
LeBron James' potential departure from the Cleveland Cavaliers has left fans biting their nails as they await his final decision. Gilbert and James mended some fences for his return in 2014, but they remain distant other than a shared commitment to winning.
The Most Pure And Good Team Of The FIFA World Cup
A low-quality game was largely devoid of incident, although Japan goalkeeper pulled off a superb save from Kamil Grosicki. Nishino's tactics were a gamble, but then he had already shown his willingness to take risks with his starting lineup .
Black Panther and Stranger Things dominate
The night included several performances, including by duo Halle Bailey, left, and Chloe Bailey of Chloe X Halle. "So listen up. "They could probably use the reminder, as I was taught, that if you don't have anything nice to say, just don't say it".