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Saudi's want oil at $60-80 - FT

Discussion in 'Market News' started by ForexLive, Nov 26, 2015.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    FT reports that behind closed doors the Saudi's want oil higher Saudi officials are said to be wavering on their plan to protect their long term exports ahead of short term gain. The FT note that while they publically state that they are not about to reverse policy, they want the oil market to stabilise in the $60-80 range

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