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VIENNA: Iran sees the oil market as balanced and the price of crude as satisfactory, its Oil Minister Rostam Qasemi said on Tuesday.
"The market situation is good right now relatively balanced," he told reporters. "The price is ok for the moment, it's not too high."
The minister, often among the more hawkish in OPEC on the oil price, was speaking on his arrival for the Wednesday meeting of the group.
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