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2018-05-07 08:35:00

IRAN NEEDS REASONABLE PRICE

IRAN NEEDS REASONABLE PRICE

SHANAIranian Minister of Petroleum Bijan Zangeneh said  Tehran preferred "reasonable" price for crude oil in a bid to avoid market instability.

Zanganeh, in an opening address to Iran Oil and Gas Show in Tehran, said reasonable oil prices would "encourage producers to keep supply while it would prevent global markets from plunging into instability."

The minister, however, said: "Of course, under the present circumstances, manufactured…

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Tags: IRAN, OIL

Chronicle:

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