Iran's top oil official: $100/barrel oil price is currently appropriate

Iran's top oil official said the $100-a-barrel oil price was appropriate under the current conditions and OPEC should cut production to improve the market oversupply, September 5, Iran's OPEC head of affairs, Katibi, said the price of 100 dollars per barrel is appropriate in the current situationMrKatibi reiterated that OPEC members should cut quotas in order to alleviate oversupply in the marketOPEC is due to hold a regular meeting in Vienna on September 9th, and the current market is widely expected to keep production unchangedlate August, Venezuela, which has been advocating production cuts within OPEC, said it would not recommend production cuts if oil prices remained above $100 a barrelIran's top oil official said the $100-a-barrel oil price was appropriate under the current conditions and OPEC should cut production to improve the market oversupply, September 5, Iran's OPEC head of affairs, Katibi, said the price of 100 dollars per barrel is appropriate in the current situationMrKatibi reiterated that OPEC members should cut quotas in order to alleviate oversupply in the marketOPEC is due to hold a regular meeting in Vienna on September 9th, and the current market is widely expected to keep production unchangedlate August, Venezuela, which has been advocating production cuts within OPEC, said it would not recommend production cuts if oil prices remained above $100 a barrel(name)