Dr Ibe Kachikwu, the State Minister of
Petroleum Resources, speaking at the opening ceremony of the 6th African
Petroleum Congress and Exhibition, CAPE VI, which held at the International
Conference Centre, Abuja has said that the price of crude oil would rise to a
level that is neither too high nor too low.The
Minister said that though crude oil appears to be going through bad times as a
result of prevailing low price and the campaign against the use of fossil fuels
for environmental concerns, the product would soon rise up to take its rightful
place as the prime global energy source. PRICE OF OIL WILL RISE SOON – DR. IBE KACHIKWU
Dr Ibe Kachikwu, the State Minister of
Petroleum Resources, speaking at the opening ceremony of the 6th African
Petroleum Congress and Exhibition, CAPE VI, which held at the International
Conference Centre, Abuja has said that the price of crude oil would rise to a
level that is neither too high nor too low.The
Minister said that though crude oil appears to be going through bad times as a
result of prevailing low price and the campaign against the use of fossil fuels
for environmental concerns, the product would soon rise up to take its rightful
place as the prime global energy source. 
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