General Business and Trade Services. Exhibitions, Faris, Confrences and Business events
Oil price rise is 'fake', says Ahmadinejad
Iran's president Mahmoud Ahmadinejad on Tuesday said oil prices are being controlled by 'invisible hands' in a 'fake way' for political and economic reasons, reported Reuters. Speaking at an OPEC meeting, Ahmadinejad said the price rise is 'completely fake and imposed' because it is occurring at a time when 'the market is full of oil and the growth of consumption is lower than the growth of production'.