Iranian envoy: OPEC will meet, if feels concern about oil prices

Iran’s Representative to the OPEC Board of Governors Mohammad-Ali Khatibi said Wednesday that the oil exporting cartel would hold an emergency meeting, if it felt concern about oil prices. OPEC will meet, if feels concern about oil prices: Iranian envoy Khatibi told IRNA that no precise price has yet been fixed by members of the Organization of Petroleum Exporting Countries (OPEC) as a yardstick for feeling the concern since there was no consensus about a specific figure. Khatibi added some of the members believed in a price of 80-90 dollars per barrel while there were others who said it should be over 100 dollars pb. Iran at present is holding the one-year rotating presidency of OPEC.