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Oil finds $100 floor on Saudi politics, output cost

Oil finds $100 floor on Saudi politics, output cost

Saudi set $75 a barrel "fair price" when economy weak while Bullish Goldman sees marginal output cost as $100 a barrel. Meanwhile, Former Saudi oil minister says oil prices could leap to $200-$300 a barrel if Saudi Arabia is hit by serious political unrest.

April 5, 2011 12:18