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Email this article: Saudi Arabia says Brent oil should drop to US$100 a barrel
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Posted: Sun May 13, 2012 10:40 am
SAUDI ARABIA. Crude prices should fall because global supply is outweighing demand, according to Saudi Arabia's oil minister, Ali al-Naimi.
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UAE. July data suggested that the UAE's non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter; Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.
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