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Commodities Briefing - Categorized | Oil, People, Price Watch more

Venezuela energy minister: $70/bbl oil by year-end

Posted on 30 July 2009

From Reuters: Venezuela Oil Minister Rafael Ramirez said on Wednesday he expected the price of oil to reach $70 a barrel by the end of the year.

“We are still influenced by market instability, but that (price) projection is happening, and there will be a gradual recovery of oil,” Ramirez said………Full Article: Source


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