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Oil prices 'determined by economy'
- Middle East: Thursday, September 10 - 2009 at 10:00
Said Arabia's oil minister Ali al-Naimi has said that economic growth will determine the direction of oil prices over the next few months, not stockpile levels, Bloomberg has reported. 'Oil today is a commodity. As long as economic growth is there, the price is going to go up,' he has said.
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StaffThursday, September 10 - 2009 at 10:00 UAE local time (GMT+4)
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