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IPFS News Link • Energy

Russian Oil Consortium predicts $250 a barrel oil in 2009

6-11-2008 • Financial Times

Gazprom, the Russian group that supplies a quarter of Europe's natural gas, expects the price of crude oil to almost double within 18 months and to take gas prices higher with it. "We think it will reach $250 a barrel in the foreseeable futu

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Reported By Powell Gammill

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Russian Oil Consortium predicts $250 a barrel oil in 2009

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