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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.
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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