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"> The official agency quoted a ministry spokesman Asim Jihad as saying in remarks for the Iraqi Canal we are optimistic at higher prices, but we count on stability.
"The jihad predicted prices to overcome $ 70 and reach $ 80 a barrel, but did not mention a time frame for expected increase in price.
> The prices of oil are witnessing up on recent weeks, and closed above $ 70 a barrel on Friday, amid expectations for limited growth in US raw production this year. p>
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