For the $ $ $55 Iran is an adequate price for oil

Iranian Oil Minister Bijan Zanganeh, reported that the country sees as well the price of $ $55 dollars per barrel of crude oil. In addition, the Executive said he believes the OPEC cartel and members of other producer countries should extend the production cuts by six months, as the Offshore Panorama comes reporting.

During the Iran Oil Show, the most important fair of hydrocarbons in the Middle East takes place until tomorrow morning may 9, in Tehran, the capital of the Islamic Republic of Iran, Zanganeh said OPEC members signaled they're leaning over to extend the cuts on offer.

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