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Saudi, UAE see sufficient oil supplies, rising stocks
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Saudi, UAE see sufficient oil supplies, rising stocks
OPEC kingpin Saudi Arabia and key producer United Arab Emirates said Sunday oil supplies were sufficient and stockpiles were still rising despite massive output drops by Iran and Venezuela. 'We see that (oil) inventories are rising and supplies are plenty,' Saudi Energy Minister Khalid al-Falih told reporters at the start of a key meeting for oil producers in Jeddah.
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