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The UAE Energy Minister Mohammed bin Dha’en Al Hamili said on Monday that crude-oil prices in the $80-$100 range create conditions that allow producers to continue expanding production capacity.
He said a high oil price would lead to more investment in alternative energy and also more investment in crude production capacity, which would mean less volatile prices………………………………………..Full Article: Source
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Commodities Briefing - Categorized | Investment, Oil, Price Watch more
Crude oil at $80-100 can fuel investments
| Posted on 01 November 2011 |
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