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Page added on April 24, 2009

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Asia, Mideast to debate when, not if, oil should rise

Asian and Middle East energy ministers may agree this weekend that letting oil prices rise eventually in order to stimulate investment is just as vital as keeping crude at $50 for now to aid the ailing world economy.
But they may struggle to find common ground over how and when that ascent should start, and what producers should do in the meantime to balance the desire for relatively low prices against the risk of a growing glut of stockpiled crude.
Guardian



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