| Iran is happy with current oil prices above $100 a barrel, its oil minister said on Tuesday, despite warnings from the West on the impact on the world economy and a preference for softer prices from fellow OPEC producers in the Gulf.
OPEC, which controls a third of global oil production, will meet in December for the first time since June, when its meeting broke down after Gulf producers failed to convince other members to lift production to compensate for the loss of Libyan output...............................................Full Article: Source
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