Iran predicts oil prices at $70-90 per barrel

Iran predicts oil prices at $70-90 per barrel

Iranian Oil Minister Bijan Namdar Zanganeh predicts that oil prices in 2015 will fluctuate at $70-90 per barrel. He believes conflictss between the Republicans and the Democrats in the U.S. may affect prices. Zanganeh added that OPEC could alter prices by reducing oil extraction, RIA Novosti reports.

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