Saudi Arabia Says It Won’t Flood the Oil Market Before OPEC Meeting

Excerpted Article from
Bloomberg Markets
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“The market is now saturated with stored crude.”

Saudi Arabia Says It Won’t Flood the Oil Market Before OPEC Meeting

Saudi Arabia, the world’s biggest oil exporter, won’t boost output to capacity and flood the market, the kingdom’s Energy Minister Khalid Al-Falih said as OPEC members plan to meet next month to discuss ways to stabilize crude prices.
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