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Return to $100 Oil Seen Unlikely by Saudis Amid Shale Surge - Bloomberg
Aljazeera.com | Return to $100 Oil Seen Unlikely by Saudis Amid Shale Surge Bloomberg (Bloomberg) -- Oil prices won't rebound to $100 a barrel because increased prices would draw more shale and other output from higher-cost producers to the market, said Mohammed al-Madi, Saudi Arabia's governor to OPEC. “I think it will be difficult to ... Saudi Arabia: No political motives behind oil policy Saudi Arabia's OPEC governor: hard to reach $100-120 oil again Saudi Arabia's OPEC governor: It will be hard for oil to reach $100-120 a ... |
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