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True oil price 'should be' over $100
- Iran: Sunday, December 14 - 2008 at 10:25
Iran's oil minister has said that he considers that the real price for a barrel of crude should be over $100. Another senior Iranian official said Opec needed to cut oversupply from the market, reports said yesterday. Oil Minister Gholamhossein Nozari's comments were made to an Iranian newspaper ahead of the meeting of Opec ministers in Algeria.
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StaffSunday, December 14 - 2008 at 10:25 UAE local time (GMT+4)
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