Iran's Oil Ministry spokesman said Tuesday that crude oil price below 100 U.S. dollars for a barrel is "unreasonable", Press TV reported.

Alireza Nikzad-Rahbar said that Tehran is discussing falling crude oil prices with all member states of the Organization of the Petroleum Exporting Countries (OPEC) particularly with Saudi Arabia, said the report.

Members of the OPEC are all unanimous on 100 U.S. dollars or higher for a barrel of crude oil, said Nikzad-Rahbar, adding that "Negotiations and consultations have begun with OPEC members and it is likely that an agreement could be reached between the members without holding any extraordinary meeting."

"Under the present circumstances, 100 U.S. dollars (per barrel) is a reasonable price for crude oil. Any price lower than 100 U.S. dollars for a crude barrel would be definitely unreasonable," he was quoted as saying.

"Iran's current crude oil production capacity stands at 4.2 million barrels per day and we are supplying as much oil as global market needs," said the Iranian spokesman.

Last week, Iranian Oil Minister Rostam Qasemi said that "Oil prices below 100 U.S. dollars per barrel is not reasonable and "We are monitoring oil price in the world markets and in case the price drops below 100 dollars, negotiations will be held with other OPEC members to hold an emergency meeting." Endi

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