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Seyyed Massoud Mir-Kazzemi:

Current oil price "unfair"

Service : Politic
Tehran, Oct 9, (ICANA) – Chairman of Majlis Energy Commission Seyyed Massoud Mir-Kazzemi said the current oil price in the global markets is not fair.
Wednesday, October 10, 2012 5:02:20 PM
Current oil price "unfair"

"The current $107 per barrel price is not favorable for oil," Mir-Kazzemi said, adding that the price oil is low compared with other commodities.

Mir-Kazzemi said the price of a liter of gasoline is two to three times more than the price of crude oil in the European countries and "the income from oil tax in the EU countries is much greater than their revenues".

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