Iran Says Oil Prices Likely to Increase

Iran’s OPEC governor Mohammad Ali Khatibi said on Sunday that the oil market was stable and the crude prices could reach $100 per barrel, the Oil Ministry’s website SHANA reported. “It is unlikely that OPEC holds an emergency meeting … There is a balance between supply and demand in the market … It is possible that the price of crude reaches $100 per barrel,” Khatibi said, SHANA reported. – Reuters

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.