Iranian envoy: OPEC will meet, if feels concern about oil prices
16:22, 10 August 2011
TEHRAN. August 10. KAZINFORM The oil exporting cartel would hold an emergency meeting, if it felt concern about oil prices, Iran's Representative to the OPEC Board of Governors Mohammad-Ali Khatibi said Wednesday, IRNA reported.
Khatibi told that no precise price has yet been fixed by members of the Organization of Petroleum Exporting Countries (OPEC) as a yardstick for feeling the concern since there was no consensus about a specific figure.
Khatibi added some of the members believed in a price of 80-90 dollars per barrel while there were others who said it should be over 100 dollars pb.
Iran at present is holding the one-year rotating presidency of OPEC, Kazinform refers to Trend News.
See www.en.trend.az