The Traderszone Network

Published in TZ Latest News 6 March, 2015 by The TZ Newswire Staff

Iran would sell more oil if Western sanctions lifted: Mehr agency

Iran said oil prices would not rise above $60 a barrel until 2016 and that it would increase crude exports if Western sanctions over its nuclear program were lifted, the semi-official Mehr news agency reported on Friday. “We’re not expecting oil prices to go over $60 until 2016. What will happen after that is not clear,” Mehr quoted National Iranian Oil Co’s head of international affairs, Mohsen Ghamsari, as saying.

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