30.04.2010 - Saudi, IEA views on oil above $80 highlight schism
From Calgaryherald.com: Saudi Arabia and the International Energy Agency presented differing views on oil prices Wednesday, highlighting the potential for a schism to emerge between consumers and producers as crude tops $80 US a barrel. Oil Minister Ali al-Naimi reiterated current prices were “more sustainable” as the worst of the economic crisis had passed. He has hailed as “beautiful” an oil price between $70 and $80 that, he says, benefits both producers and consumers........................................Full Article: Source
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