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Commodities

Daniel Yergin: Crude's discount days are numbered

Daniel Yergin

WASHINGTON -- Crude oil prices will turn upward again next year as U.S. output declines, predicts energy expert Daniel Yergin. The author of "The Prize," a Pulitzer Prize-winning history of the oil industry, Yergin serves as vice chairman of IHS, a U.S. think thank. He recently spoke with The Nikkei.

Q: Crude prices have been dropping since summer. What is happening?

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