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Ashton
Side Hero Username: Ashton
Post Number: 3891 Registered: 05-2008 Posted From: 66.90.104.94
Rating: N/A Votes: 0 (Vote!) | | Posted on Friday, May 14, 2010 - 10:33 am: |
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May 14 (Bloomberg) -- Refiners must be ready for oil prices to rebound to more than $100 a barrel on growing consumption in Asia, said Mukesh Ambani, Asia’s richest man. “We have to again be actively prepared to see a three- digit oil price” amid sluggish refining growth and higher marginal cost of production at new fields, Ambani, chairman of Reliance Industries Ltd., said in a speech at a conference in Mumbai today. more @ http://www.bloomberg.com/apps/news?pid=20601087&sid=aPQRi6Xw G7q4&pos=7 |