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Speaking in Switzerland, OPEC’s Secretary General said he expects prices to rebound
Abdullah al-Badri, Secretary General of OPEC, expects oil prices will remain low for another month before rebounding, reports CNBC.

Speaking at the World Economic Forum (WEF) in Davos, Switzerland, al-Badri said that he was unsure of how far oil prices might fall before coming back up, but expressed confidence that prices would not remain low for much longer. “I really cannot tell you [how low prices will go,] but I’m sure prices will rebound.”
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