| 07.12.2009 - Saudi Arabia’s Al-Naimi says oil price is 'perfect’ |
| From Bloomberg: Crude oil prices are in “the right range” and there is no need to reduce inventories, Saudi Arabian Oil Minister Ali al-Naimi said ahead of an OPEC meeting scheduled for later this month. “Inventories are coming down, the price is perfect, and all investors, consumers, producers -- they’re all very happy,” Al-Naimi said today in Cairo, where Arab oil ministers are holding an annual meeting..................................Full Article: Source |