Monday, June 11, 2007

No OPEC plan to up oil supply, no shortage: Iran

(Reuters) - "Now there is no shortage of crude oil in the market," he said when asked if OPEC should release more supplies to the market to temper rising oil prices.




Asked if oil prices would hit $80 a barrel, he said: "We cannot predict what will happen to prices now."


Read more at Reuters.com Business News

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