Iran says oil could reach $120 to $150 per barrel

Posted on Sunday, January 29th, 2012 and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

The head of Iran's state oil company said today that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to discuss a ban on crude sales to European Union countries in retaliation for an EU embargo.

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