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Qatar's Energy Minister Says Oil Prices Have Bottomed Out

Global oil prices have bottomed out, with signs of a recovery seen in 2016, Qatar’s Energy Minister Mohammed Al Sada said.

Growth in non-OPEC oil supply slowed “substantially” this year and is likely to remain flat or turn negative in the next, Al Sada said in an e-mailed statement. “Call on OPEC oil is expected to become healthier,” to 30.5 million barrels a day...