Kristy
02-11-2009, 03:02 PM
Crude oil prices of around $40 a barrel are too low to attract enough investment in new supplies, the oil minister for the UAE said. Mohammed al-Hamli, speaking at a conference in London, said the current crude oil price is about half the level needed to attract adequate investment in the industry, reported Reuters.http://rss.feedsportal.com/c/32213/f/425040/s/30cec07/mf.gifhttp://rss.feedsportal.com/images/emailthis2.gif (http://res.feedsportal.com/viral/sendemail2.html?title=Oil price too low to attract investment, says UAE&link=http://www.ameinfo.com/184482.html)http://rss.feedsportal.com/images/bookmark.gif (http://res.feedsportal.com/viral/bookmark.cfm?title=Oil price too low to attract investment, says UAE&link=http://www.ameinfo.com/184482.html)
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