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Saudi Arabia’s energy minister Prince Abdulaziz bin Salman was speaking at the Robin Hood Investors Conference (i.e.
an audience of hedge funds)
The background to his investment comment is that some oil producers and exploration firms have scaled back drilling budgets to conserve cash and avoid a new supply glut. Also, hopes for green energy are playing a role
Search Web: ICYMI – Saudi oil minister says there is a risk of an oil price supercycle due to lack of investing
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