Iran’s Nozari says oil markets 400,000 b/d oversupplied

摘要

Tehran—World oil markets are already over-supplied to the tune of 400,000 b/d and this volume could triple to 1.2 million b/d early next year, Iranian Oil Minister Gholamhossein Nozari said October 4, adding that an oil price below 100/barrel served neither producing nor consuming countries.