PPRuNe Forums - View Single Post - Dubai's Palm Jumeirah sees prices fall over 40 pc as crunch moves in

3rd Dec 2008, 17:22

#35 (permalink)

Jet II

Join Date: Jan 2002

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Wiz - do you really think that the market price in a growing world economy is less than $50 a barrel?

The IEA estimate that production will need to increase by six times the current Saudi output to meet expected demand in 2030.

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