Iranian President Hassan Rouhani said during an official visit to France that oil prices won't remain low in the long term.
"The price of oil is at a low level. I don't think it will last in the long term. The pressure on oil-producing nations means balance will be restored in the short term," RIA Novosti cited him as saying.
According to the Minister of Energy of Russia, Alexander Novak, Saudi Arabia initiated a meeting of oil producing countries to discuss the possibilities of reducing its production.
