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Iran says there's 'enough' oil
- Iran: Thursday, January 03 - 2008 at 13:17
A senior Iranian oil official said there was "enough" supply in the market at this time and blamed the high crude price on excessive liquidity in financial markets, reported Reuters. Hojjatollah Ghanimifard, international affairs director at the National Iranian Oil Company, said that was a shortage of refining capacity during the winter season in the northern hemisphere. Iran is Opec's number two producer.
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Amena Bakr, Senior ReporterThursday, January 03 - 2008 at 13:17 UAE local time (GMT+4)
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