Iran supports an oil price of $50-60 per barrel and any measure to stabilise the market, state TV quoted Iran's oil minister Bijan Zanganeh as saying on Tuesday, Reuters reported.
"Iran wants a stable market and therefore any measure that helps the stabilisation of the oil market is supported by Iran," he said after a meeting with OPEC Secretary-General Mohammed Barkindo in Tehran.
"We support oil prices between $50 and $60 per barrel," he said.
