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COPYRIGHT 2005 Voxant Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
RON INSANA, CNBC ANCHOR: Now staying in the world of energy, has U.S. ally Saudi Arabia reached its peack capancity in oil production? The question of whether the world`s largest oil exporter is at a breaking point has sparked speculation of late, as crude prices hover in the mid $60 a barrel price range. Will oil continue to climb, and just what would happen if oil and politics between the U.S. and Saudi Arabia don`t mix? Joining me now with more is Youssef Ibrahim. He`s managing director of the Dubai based Strategic Energy Investment Group. He just returned in the U.S. this week after spending the past two years in Dubai. He joins us from New York.
Youssef, good to see you again. Thanks for being back on the program.
YOUSSEF IBRAHIM, MANAGING DIRECTOR, STRATEGIC ENERGY INVESTMENT GROUP: Hello, Ron. Nice to see you.
INSANA: First off, give us your big picture about what`s happening in the oil market...
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