Saudi oil minister: $30-$34 a ‘fair’ price for barrel of oil
Bruce Stanley Associated Press Business Writer
Saudi Arabia’s oil minister, the most powerful voice in OPEC, said May 24 that he believed $30-$34 per barrel was a “fair and reasonable price” for oil in the United States, though he added that the group had no plans to change its preferred benchmark price range of $22-$28.
Saudi Oil Minister Ali....
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