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Thursday, September 27, 2018

Saudi Arabia in short-term oil fix, fears extra U.S. supply next year

Saudi Arabia will quietly add extra oil to the market over the next couple of months to offset a drop in Iranian production but is worried it might need to limit output next year to balance global supply and demand as the United States pumps more crude.


from Reuters: Business News https://ift.tt/2NLNohA

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