Saudi Prince: oil to never cost $100 per barrel

"If the supply of oil remains at the current level, and the demand for it is low, it’s better to thinks that it (the price) will fall even more. If the oil supply decreases and the demand increases, the prices may also increase. However, I'm sure we'll never see the price of $100 per barrel. I said a year ago that the price of oil above $100 was artificial. It is wrong,"- said Al-Waleed bin Talal.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer