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Tuesday, 8 May 2018

Saudi energy minister says concerned about tight spare oil capacity

Saudi energy minister says concerned about tight spare oil capacity

08 May 2018, News Wires – Saudi Arabian Energy Minister Khalid al-Falih has said he was concerned about possible shortages of spare crude oil output capacity, although he believes the market is in better shape after the OPEC-led production cuts that started in 2016. Oil prices have surged as the output cut agreement by the …

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