Iran says more oil price falls would harm producers
September 07, 2008 00:00:00
TEHRAN, Sept 6 (Reuters) Iran's oil minister said a continued fall in crude prices would harm producers, the Oil Ministry website Shana reported on Saturday, three days before OPEC ministers are due to meet in Vienna. brGholamhossein Nozari also said Iran, the world's fourth-largest oil exporter, wanted a fair crude price but did not elaborate. Earlier this week, he said $100 a barrel was the lowest appropriate price. brCrude has tumbled from a record $147 in July and was trading on Friday at below $107. brIf the reducing trend in prices continues like now ... the producers will be harmed, Nozari told Shana.