You are here
Oil prices unlikely to return to US$100 a barrel, says Saudi official
OIL won't rebound to US$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.
"It will be difficult to reach US$100 or US$120 another time," Mr al-Madi
- CALL +65 6388 3838
- EMAIL email@example.com