Iran sees no need for OPEC emergency meeting over drop in prices

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TEHRAN – Iran sees no need for an emergency meeting of the oil cartel OPEC over a recent drop in crude prices before the producers’ annual session at the end of May, Oil Minister Rostam Qasemi said Saturday. “No extraordinary meeting is needed as the May 31 meeting is coming up, and the price of oil had not gone below 100 dollars per barrel for a long…

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