Merkel Joins Oil Bulls Seeing Gains Amid Drive for Clean Energy

January 14, 2015 11:16 PM

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Analysts who believe oil prices will climb now have a powerful ally: German Chancellor Angela Merkel.

“The current low oil price surely won’t be the future of the 21st century,” Merkel said at an event organized by the BEE clean-energy lobby in Berlin yesterday. “There will be entirely different price signals.”

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