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Mobius issues warning shot: Oil may climb to $200/bbl

The executive chairman of Templeton Emerging Markets Group, Mark Mobius sees a correction in commodities as an opportunity to buy as a long-term trend was likely to be positive. Commenting that crude prices may see a lot of volatility, he expects it to climb close to USD 200 per barrel.

first published: Apr 13, 2011 10:42 am

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