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Iran Can Afford To Sell Crude Oil @ $10 Per Barrel. - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Iran Can Afford To Sell Crude Oil @ $10 Per Barrel. (516 Views)

Crude Oil Trades Above $75 Per Barrel As Netanyahu Point Finger At Iran / Oil Price Rises Above $40 Per Barrel, OPEC mend Fences. / Nigeria To Buy & Sell Crude Directly, Middlemen Cut Out !!!! (2) (3) (4)

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Iran Can Afford To Sell Crude Oil @ $10 Per Barrel. by autofreak2020(m): 8:17pm On Dec 14, 2015
Iran has revealed that oil can be produced at $1-1.5 per barrel in some part of the country. Iran does not have anything to lose if she sells at $15 per barrel.
This is a resources that my country depends on.
This is same crude oil which our lawmakers depends in for looting.
Our leaders wasted our money when there was abundance and are still bent on looting even in scarcity, they who ruled yesterday has mortgage the future of average citizen of this nation. Let not decieve ourselves, this country is experiencing economic recession right now; companies are retrenching and exchange rate is not encouraging business to thrive.
When oil boom finally become our doom, only forced diversification of our economy will save us, why are we still waiting for that time to come
presstv.ir/Detail/2015/12/14/441662/Iran-oil-production-costs-prices-Karimi

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Re: Iran Can Afford To Sell Crude Oil @ $10 Per Barrel. by TheGoodJoe(m): 6:34am On Dec 15, 2015
Crude sold at a far less value than it is today under Gen. Abacha. He was able to run the government, pay salaries of Civil Servants, run projects like FSP, PTF, he paid some of our foreign debts and increased the National reserve.

We can still forge ahead if our leaders work hard to improve the country.

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