Thursday, July 7, 2011

Iran Says Saudi Oil Output to Spark Price War If Not Matched by Demand

Iran Says Saudi Oil Output to Spark Price War If Not Matched by Demand: "... in Saudi Arabia's oil output combined with price cuts may lead to a "price war" if it isn't spurred by matching demand, as tensions between the crude producers deepen in the aftermath of a consumers' stockpile release and a disastrous OPEC meeting. ...
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