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Iraq says 80 dollars a 'reasonable' price for oil
News Type: Event — Seeded on Fri Nov 28, 2008 6:19 PM EST
Article Source: breitbart.comadvertisement
Iraqi Oil Minister Hussein al-Shahristani said $80 a barrel is a 'reasonable price for crude oil'... right now OPEC (Organization of Petroleum Exporting Countries) is reporting an output of 27.3 million barrels per day (not including Iraq) and has plans to cut output due to heavy oil price losses. The world markets are trading oil at an average of just $54 dollars a barrel as of today.
Published to:
- Dorian Belz's Column, All of Newsvine
- Groups: none
- Regions: Baghdad
 | OPEC: Oil prices to remain low through mid-2009 | Raw Story | Sat Nov 29 | 1 |
 | OPEC struggles to find balance in oil market | Associated Press | Fri Nov 28 | 0 |
| OPEC ends Cairo meeting without new output cuts | Associated Press | Sat Nov 29 | 58 |
| Saudi King: Oil Prices Should Be Much Higher | The Huffington Post | Sat Nov 29 | 3 |
| Oil falls below $54 ahead of OPEC meeting - Yahoo! News | Yahoo! News | Fri Nov 28 | 0 |
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