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- Dec 11, 2011
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“Today there is spare capacity that is extremely low,” Saudi Aramco CEO Amin Nasser says at a conference in London. “If China opens up, [the] economy starts improving or the aviation industry starts asking for more jet fuel, you will erode this spare capacity.”
Nasser warns that oil prices could quickly spike — again.
www.yahoo.com
Nasser warns that oil prices could quickly spike — again.
‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — issued a dire warning over 'extremely low' capacity. Here are 3 big oil stocks for protection
Energy inflation remains a serious concern. Protect your portfolio.