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Total CEO says oil at $90 is good price
The current oil price at $90 is a good price-says official.
December 13, 2010 2:26 by Reuters
The current oil price at around $90 per barrel is a good price and crude prices over that level will not hurt the global economy, the chief executive of France’s Total said on Monday.
“The current oil price at $90 is a good price,” Christophe de Margerie said in Qatar.
“The range is much more $70 to $90,” he said.
(Reporting by Humeyra Pamuk, Writing by Raissa Kasolowsky; Editing by Firouz Sedarat)