Saudi Arabia has called the "ideal" price for oil.

"Ideal" price for oil should be in the range of 60-75 dollars per barrel. This statement was made oil minister of Saudi Arabia Ali Al-Nuaymi (Ali Al-Nouaimi), reported AFP.
In October 2008, Qatari Energy Minister Abdullah bin Hamad Al-Attiyya (Abdullah bin Hamad Al-Attiyah) reported that "a real and fair" value of barrel of oil to exceed $ 100. Later, the president of Venezuela Hugo Chavez has called "fair" price for oil at 80-100 dollars a barrel.
These states included in the Organization of the countries - exporters of petroleum (OPEC), which since late last year - the time of worsening global economic crisis - three times reduced the quota of oil production, to stimulate the growth of prices. Previously, it was reported that OPEC lost about 700 billion dollars due to lower oil prices. March 15, 2009, OPEC has decided to temporarily waive rules reduce oil production and leave quotas unchanged until May this year.
Remember, the cost of barrel of oil in mid-2008 reached a record 147 dollars a barrel. By the end of last year because of the crisis, oil prices fell to 33 dollars per barrel, but now are close to a mark 45 dollars a barrel.