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Pimco s sharenow says 70 brent needed for crude output growth.

Authors :
Zhou, Moming
Harvey, Christine
Source :
Bloomberg.com; 5/14/2015, pN.PAG-N.PAG, 1p
Publication Year :
2015

Abstract

To contact the reporters on this story: Moming Zhou in New York at mzhou29@bloomberg.net; Christine Harvey in New York at charvey32@bloomberg.net Brent oil at $70 a barrel is needed for companies to continue increasing production, said Greg Sharenow, executive vice president at Pacific Investment Management Co. Brent will trade around $70 by the end of this year and West Texas Intermediate at $64, Sharenow said in an interview on Thursday in New York. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140513357