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ENRTfan

03/04/15 11:02 AM

#90723 RE: jeagerboy #90721

Also great article in Yahoo about price of oil stabilizing and going up.

LONDON (Reuters) - Brent crude oil slipped towards $60 a barrel on Wednesday as a stronger dollar pressured commodity prices, while Saudi Arabia's oil minister said he expected the market to balance itself and for prices to recover.

Oil Minister Ali al-Naimi said he expected supply and demand would soon match and oil prices, which hit a near six-year low of $45 in January, would stabilise, adding to signs OPEC's largest exporter is confident consumption is growing.



http://news.yahoo.com/brent-holds-above-60-saudi-033047038.html