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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.

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December 13, 2010 2:26 by



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)



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