Page 1 of 1

Iraq sets $90 as Threshold for Oil Price Concern

Unread postPosted: Fri Oct 07, 2011 12:38 pm
by Stillw8n
Iraq sets $90 as Threshold for Oil Price Concern
Posted on 07 October 2011. Tags: oil price, oil prices, Shahristani
Image
Global oil prices below $90 a barrel would be “difficult” to accept, Iraq’s Deputy Prime Minister for energy, Hussain al-Shahristani, told Reuters on Wednesday.

Brent crude oil dipped below $100 a barrel on Tuesday on growing concern about a Greek debt default and the health of the global economy, tumbling from a 2011 peak of $127 in April.

(Source: Reuters)


http://www.iraq-businessnews.com/2011/1 ... e-concern/