| 15.04.2013 - Iran oil minister says oil below $100 'not reasonable' |
| Iran wants oil prices to stay above $100 a barrel, its oil minister said on Sunday after crude touched nine-month lows near $101 on Friday and ahead of OPEC's next meeting on May 31. "An oil price below $100 is not reasonable for anyone," Rostam Qasemi said. Fellow OPEC member Saudi Arabia's oil minister said last month that around $100 a barrel was a "reasonable" price for consumers and producers alike...............................................Full Article: Source |