Iran predicts oil will be around $40 in 2009 - Emirates24|7

Iran predicts oil will be around $40 in 2009

Iran anticipates a $40 per barrel crude price. (AP)

Iran's Oil Ministry anticipates an oil price of about $40 a barrel in 2009, the official IRNA news agency quoted Oil Minister Gholamhossein Nozari as saying on Saturday.

Nozari also said oil producers outside Opec were not co-operating with the organisation in reducing crude output to restore stability to the market, IRNA said.

 

Comments

Comments