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Naimi: $100/B Great Price For Oil
Published on Tuesday, 15 May 11:15 am
Saudi Arabia wants an oil price of around $100/B and would like to see global inventories rise before demand picks up in the second half of the year, Saudi Petroleum Minister Ali Naimi said on Sunday, according to Reuters. “We want a price of $100. That’s what we want. a $100 price is great.”
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