Iran says OPEC has raised and stabilised crude oil price - SHANA
- Country:
- Iran Islamic Rep
OPEC has managed to raise crude prices and stabilise the oil market, OPEC member Iran's oil minister, Bijan Zanganeh, was quoted on Monday as saying by his ministry's website SHANA.
"OPEC's performance has been successful because the price of oil has risen from $16 in May to around $45 and has stabilised," Zanganeh said.
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