| 01.11.2011 - Crude oil at $80-100 can fuel investments |
| 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 |