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    Angolan Petroleum Minister Names $60 per Barrel Sufficient Oil Price

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    The Organization of the Petroleum Exporting Countries (OPEC) members will convene in Vienna, Austria on Thursday to discuss a plan to freeze oil production, two months after the previous attempt failed amid Saudi Arabia’s reversal.

    VIENNA, June 1 (Sputnik) – The price of $60 per barrel would be sufficient for the global crude market, Angolan Petroleum Minister Jose Maria Botelho de Vasconcelos said Wednesday.

    "$60 [per barrel] is not bad. It would be enough," the minister told reporters in Vienna.

     

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    Oil, oil prices, OPEC, Jose Maria Botelho de Vasconcelos, Angola
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