| 15.01.2009 - Fall in oil prices to help economic recovery -Saudi Oil Minister |
| From Reuters: The steep fall in oil prices in recent months does not reflect market fundamentals but will help economic recovery, Saudi Oil Minister Ali al-Naimi said on Wednesday. "The price of oil ... has declined in recent months by more than 70 percent since reaching their highest level in July -- a drop that will play a major role in aiding economic recovery," he told the Petrotech conference in New Delhi..... Full Article: Source |