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OPEC Secretary General al-Badri says oil prices may have found the floor, but warns of future spikes
Abdulla al-Badri, Secretary General of OPEC, thinks oil prices have reached their bottom and may start rising soon. He warned that under-investment now could lead to future supply shortages and bring the price of oil to $200 per barrel.

“Now the prices are around $45 to $50 and I think maybe they reached the bottom and will see some rebound very soon,” said al-Badri in an interview with Reuters. The OPEC Secretary General continued to defend...

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