The US government buying petroleum is unlikely to assuage US oil prices, unless Saudi Arabia or Russia also scale back production
“Commodity markets have their ups and downs,” he said, with an audible sigh. “You've got to be an optimist.”But if the price of oil doesn't get back above $35 , which it passed heading downward this week, he said, “we would see significant impacts. It's a very serious matter to us.”
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