Monday, January 19, 2015
Iran & Venezuelan Efforts to Shore Up Oil Prices Fall Short; Iran: Industry Can Survive $25 Oil
Reuters reports efforts by Venezuela & Iran to shore up oil prices with its OPEC partners fall short. Iran
sees no sign of a shift within OPEC toward action to support oil prices,
its oil minister said, adding its oil industry could ride out a further
price slump to $25 a barrel.
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