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US Energy Hochstein: Energy prices have to be priced in a way that allows for economic growth

US Energy Envoy Amos Hochstein said on Monday that “energy prices have to be priced in a way that allows for economic growth.”

He added that “more investment is needed in the oil and gas sector right now and tomorrow.”

Market reaction

WTI was last seen trading at $87.10, down 0.91% on the day.

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