6 May 2016 - 17:16
  • News ID: 259911
Oil Market Recuperates Automatically: OPEC Official

TEHRAN, May 06 (Shana) – An OPEC official says the global crude oil market recovers by itself and the current price crisis will be sorted out in the near future.

Speaking with Shana on the sidelines of the 21st Iran International Exhibition of Oil, Gas, Refining and Petrochemicals, Mahid al-Saigh, a senior PR assistant at OPEC secretariat, said the current oil price slump will be solved in the near future all by itself.
“We can see that the market is recovering and circumstances will soon become suitable,” he added.
He congratulated the Iranian people for their achievements in the petroleum industry despite the sanctions.
“This is the 4th time that I am attending this fair and every year I see new leaps by Iranian industrialists at the show,” he added. 

News ID 259911

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