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Commodities Briefing - Categorized | Oil, Price Watch more

Iran says USD100/B oil price satisfying but warns of economic risks

Posted on 11 April 2013

The current oil price range of $100 to $110 a barrel is satisfying for both producers and consumers, Iran’s OPEC governor was quoted as saying Wednesday. The views suggest the organization is likely to keep its policies unchanged when it meets next month.
The governor’s remarks–made to Iran’s oil ministry website Shana by Muhammad Ali Khabiti, who represents Iran at the Organization of the Petroleum Exporting Countries–echoes similar views made by Saudi oil minister Ali al-Naimi in late March………………………………………..Full Article: Source

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