Saudi's Falih calls for more work to cut global oil inventory:
"Saudi Arabian oil minister Khalid al-Falih said on Saturday that more work was needed to reduce global oil inventories.
“There is a general satisfaction with the strategy of 24 countries that signed a declaration of cooperation”, he said after a meeting attended by his Russian, Uzbek and Kazakh counterparts.
Russia and Saudi Arabia are leading a deal between OPEC and non-OPEC producers to cut global oil production, with the aim of propping up oil prices.
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'via Blog this'
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