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Saudi Oil Minister Says OPEC With Others to Stabilize Market

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Oil Declines on U.S. Stockpiles Glut

Saudi Arabia is working with other OPEC members and producers from outside the group to stabilize the market, Saudi Oil Minister Ali al-Naimi said.

The global economy is going through an unstable period, al-Naimi said. Crude demand is expected to rise by 1 million barrels a day every year in this decade, and the world requires more investments in oil to compensate...


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