| 10.11.2010 - Saudi oil policy still $70 to $80/barrel |
| From Saudigazette.com.sa: Saudi Arabia’s view that $70 to $80 a barrel is a good price range for consumers and producers is still unchanged, and the country is not worried about a weaker US dollar, a senior oil official said Monday. Saudi Oil Minister Ali Al-Naimi said in Singapore earlier this month that the crude oil price had found its comfort zone at $70-$90 a barrel, which consumers and producers all like..............................................Full Article: Source |