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There must be bottom for oil prices – Iraqi oil minister

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Iraqi oil minister was on the wires stating there must be a bottom for oil prices and that forecast oil prices is becoming difficult.

    He further added that all oil producers must cut spending on current prices. On Monday, an Iraqi official stated that the country may produce more oil than expected this year.
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