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Greg Priddy

Greg Priddy latest

"Saudi Arabia is the central banker of the oil market and the decision that they will bring more oil to the market is definitely a good one," Birol said
December 15th, 2011 - 10:34 GMT

To tame oil prices, follow Saudi's steps

Oil prices, which at $109 a barrel already pose a "major risk" to the fragile global economy, could rise further to $150 in coming years if there is no more investment to boost oil output in the Middle East, said IEA's Fatih Birol.
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