Middle East say crude prices "reasonable". This comment is all over the news!
Of course they would. "They" / Middle East owns their oil and everything associated with it! Why give up extra profits if you do not have to! $65 per barrel is good but $75 is better. It's all profit at the end. Multiply $70 per barrel x 8.5 million barrels a day = Saudi Arabia = Huge, Huge Huge profits.