iran sees 100 fair price for oil
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

Iran sees $100 fair price for oil

Arab Today, arab today

Arab Today, arab today Iran sees $100 fair price for oil

Tehran - Fna

Senior Iranian officials said oil price over $100 per barrel is good and fair. Prices will remain unchanged until March, Iranian Oil Minister Rostam Qassemi said at the opening ceremony of an International Conference on Technology and Innovation in the Oil and Gas Industry in Tehran on Tuesday. \"The current oil prices are good ... We are not expecting the prices to change in winter,\" he said. \"Demand and supply in the market determine the price of oil. Although at present the price has decreased due to political and economic developments, the present price seems to remain steady by the end of winter,\" Qassemi. Referring to the relations of Iran and Saudi Arabia as two influential member states of Organization of the Petroleum Exporting Countries (OPEC), he added that Iran and Saudi Arabia have no disagreements in oil market issues. Qassemi further pointed to the OPEC\'s upcoming meeting on December 14 at its headquarters in Vienna, Austria, and said that before the next meeting Iran will consult with members to reach a conclusion about the oil market. The Iranian oil minister said that the country\'s exploitable crude reserves have increased to 154.8 billion barrels. \"With the discovery of the new reserves in the country, the level of Iran\'s exploitable crude oil has increased from 151 billion barrels to 154.8 billion barrels,\" Qassemi said. Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Abdullah al-Badri confirmed Qassemi\'s statements, and said that he doesn\'t expect an oil price lower than $100 per barrel by the end of this year. \"The crude price is not expected to come down until the end of this year,\" Badri told reporters on the sidelines of the 15th International Conference on Technology and Innovation in Oil and Gas Industry here in Tehran, adding that the price of $100 is \"comfortable\" for the consumer and the producing countries. As regards his meetings in Iran, Badri stated that he and Iranian Oil Minister Rostam Qassemi discussed the latest developments in global economy, and described the meeting as \"very good\". \"During the meeting we emphasized that effort should be made so that we could reach an agreement in the next general meeting,\" Badri stated.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran sees 100 fair price for oil iran sees 100 fair price for oil

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran sees 100 fair price for oil iran sees 100 fair price for oil

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday