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Commodities Briefing - Categorized | Oil, Price Watch, Regulatory more

Iran bases budget on oil price of $37.5

Posted on 19 January 2009

From AFP: The Iranian government has based its budget bill for 2009-10 on an oil price of 37.5 dollars per barrel, the semi-official news agency ILNA reported on Sunday.

“In the final version of the budget bill of the next (Iranian) year the oil price was envisaged at 37.5 dollars per barrel,” a presidential aide for planning, Mohammad Ghasem Hosseini, was quoted as saying….. Full Article: Source


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