Iraq Deputy Minister Says Expects Oil Price At $55-65 In Second Half

Reuters

LONDON, June 2 (Reuters) - Iraqi Deputy Oil Minister Fayadh al-Nema said he expected the oil price to be $55 to $65 per barrel in the second half of this year.

He was speaking to reporters in Vienna on Thursday. International Brent crude oil futures were just under $50 a barrel on Thursday.

Oil ministers from the Organization of the Petroleum Exporting Countries meet on Thursday in Vienna.

(Reporting by OPEC newsroom; editing by Susan Thomas)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours