| Oil prices will likely fall to $90 a barrel by the end of the winter, Iran's head of oil sales was quoted as saying Tuesday, countering views by other producers that expect prices to rebound. The remarks come after members of the Organization of the Petroleum Exporting Countries said in recent days they expect oil prices to rebound after it fell below $100 a barrel earlier this month.
But in remarks carried by Iran's oil ministry website Shana, Mohsen Ghamsari, the director at the National Iranian Oil Company in charge of international oil sales, said that "if the oil market only looks at supply and demand, the oil price will further decline in the global market."..............................................Full Article: Source
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