Iranian President Hassan Rouhani said that the countries making oil prices fall will regret it. He added that Saudi Arabia and Kuwait will suffer from low oil prices just like Iran, TASS reports.
The Energy Minister of the UAE, Suhail Al Mazroui, said at a forum on the development of oil industry that OPEC could not protect a certain oil price. The price for OPEC oil dropped by $1.64 (3.6%) to $43.55 per barrel on January 12.
