Iran sees oil at around $40 in 2009: IRNA

TEHRAN - Iran's Oil Ministry anticipates an oil price of about $40 a barrel in 2009, the official IRNA news agency quoted Oil Minister Gholamhossein Nozari as saying on Saturday.

By (Reuters)

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Published: Sat 17 Jan 2009, 4:18 PM

Last updated: Thu 2 Apr 2015, 4:23 AM

Nozari also said oil producers outside OPEC were not cooperating with the organisation in reducing crude output to restore stability to the market, IRNA said.

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