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Commodities Briefing - Categorized | Oil, People more

Sec Gen says OPEC can live with $75-85 oil

Posted on 28 May 2009

From Reuters: OPEC Secretary General Abdullah al-Badri said on Wednesday members of the producer group could live with oil prices of $75 to $85 a barrel.

In an interview with CNBC cable network, al-Badri said oil producers have trouble making investments when prices fall below $70 a barrel…….Full Article: Source


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