Iranian Oil Minister Zangeneh says current oil price is acceptable

"I think this level of prices is acceptable and I believe all are comfortable with this level of prices," Zangeneh said.REUTERS  |  April 11, 2018, 12:28 IST
Iranian Oil Minister Zangeneh says current oil price is acceptable By Florence Tan and Nidhi Verma

NEW DELHI: Iranian Oil Minister Bijan Zangeneh said that current oil prices are acceptable for his country.

"I think this level of prices is acceptable and I believe all are comfortable with this level of prices," Zangeneh told Reuters while attending the International Energy Forum in New Delhi on Wednesday.

Global benchmark Brent crude futures were at $70.84 a barrel at 0317 GMT.