Oil Investing News » Saudi Oil Minister will see another spike coming

Saudi Oil Minister will see another spike coming

May 28, 2009 @ 7:51 am In Oil Market News

Saudi Arabia warned the world that oil prices could spike to beyond the near USD 150 record high of 2008 within 2 to 3 years as energy leaders recently decried a blow to energy investment because of the financial crisis.

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[1] here: http://steelguru.com/news/index/2009/05/28/OTYxMDU%3D/Saudi_oil_minister_sees_another_oil_spike_coming.html