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Sunday, 6 May 2018

Iran opposes higher oil prices, signaling divide with Saudis

Iran opposes higher oil prices, signaling divide with Saudis

*Oil Minister Zanganeh says Iran supports ‘reasonable’ prices *Saudi Arabia is said to desire crude closer to $80 a barrel 06 May 2018, Tehran — Iran, faced with a possible restoration of U.S. sanctions, came out against higher oil prices, signalling a split with fellow OPEC member Saudi Arabia, which is showing a willingness to …

The post Iran opposes higher oil prices, signaling divide with Saudis appeared first on SweetCrudeReports.

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