The Iran Project

Experts suggest $70 p/b for Iran oil in next year budget

Tehran, Oct 27, IRNA – An Iranian oil official said experts have suggested $70 per barrel for the Iranian oil in the next year budget bill.
The National Iranian Oil Company’s official in charge of international affairs Mohsen Qamsari made the remarks while talking to reporters here on Monday.

He explained that the figure $100 p/b suggested by the government is not based on the oil experts’ view.

The official further stressed that there was no prospect for rising oil price in the coming month as the oil market is currently experiencing a stable period.



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