ENERGY

Iran sees oil prices at $60 to $90 in coming months

A worker collects crude oil sample at an oil well operated by Venezuela's state oil company PDVSA in Morichal in this July 28, 2011 file photo. (File Photo: Reuters)

Crude prices will vary between $60 and $90 in the coming months, Iranian Oil Minister Bijan Zanganeh was quoted as saying by the ministry's official SHANA website, adding the only lever OPEC could use to influence the market was supply.

"It is predicted that oil prices would reach $60-90 in the coming months," Zanganeh said.

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Last Update: Monday, 5 January 2015 KSA 18:44 - GMT 15:44
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Iran sees oil prices at $60 to $90 in coming months
Iranian Oil Minister Bijan Zanganeh says the only lever OPEC can use to influence the market is supply
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