A crude oil price between $100 and $120 a barrel is acceptable to both consumers and producers, Iraq oil minister Abdul Kareem Luaiby said Thursday.
A crude oil price between $100 and $120 a barrel is acceptable to both
consumers and producers,
Iraq
oil
minister Abdul Kareem Luaiby said Thursday.
Mr. Luaiby also said a December meeting of the Organization of Petroleum
Exporting Countries wouldn't discuss a quota ceiling for
Iraq
.
"We have said that prices between $100 and $120 a barrels are good from
economic point of view and profitable for both consumers and producers."
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