NORWAY FAVORS A CRUDE PRICE RANGE OF $20-$30 PER BARREL

Norwegian Minister of Oil and Energy Einar Steensnaes says:

“Norway, a major non-OPEC oil producer and the world’s third-largest oil exporter, has said it favors a crude price range of 20-30 dollars per barrel.”

“Any price range between 20 and 30 dollars a barrel will be acceptable. We should leave it to the market fundamentals to decide the price … However, we will not allow the market to have prices that jump to extreme high levels, or low prices”

It’s on rigzone