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Drilling lag could trigger new oil supercycle, Saudi prince says – The Australian Financial Review

Saudi Prince Abdulaziz bin Salman has spoken to hedge fund investors in a rare attempt to reach out directly to Wall Street.

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A new supercycle in global oil prices could be triggered by a lack of new investments in exploration, Saudi Arabias energy minister said.
Prince Abdulaziz bin Salman, whos been warning speculators of the hazards of bearish bets, told the Robin Hood Investors…

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