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Iran OPEC Governor: Producers, Consumers Like Current Oil Prices

Iran OPEC Governor: Producers, Consumers Like Current Oil Prices
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Δευ, 5 Δεκεμβρίου 2011 - 18:50
A top Iranian oil official said Monday that both producers and consumers are happy with the current oil prices and that the Organization of Petroleum Exporting Countries will have to discuss demand in the first half of next year when it meets in Vienna Dec. 14.
A top Iranian oil official said Monday that both producers and consumers are happy with the current oil prices and that the Organization of Petroleum Exporting Countries will have to discuss demand in the first half of next year when it meets in Vienna Dec. 14.

"Everyone is happy with the oil price, not only Iran ...producers and consumers," Muhammad Ali Khatibi, Iran 's OPEC governor told Dow Jones Newswires.

It is still unclear what members of OPEC should decide when they meet as "some have doubts over how fast Libyan's oil production can be," Khatibi said.
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