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Saudi pledges stable oil supply as market confused by data - Reuters
Reuters | Saudi pledges stable oil supply as market confused by data Reuters This month, Saudi Arabia has thrown a third metric – supply - into the debate. The move saw oil prices declining, with confused traders fearing Riyadh would pump more crude, thus complicating OPEC's efforts to reduce a global glut and prop up the market. Will they or won't they? Here's what to watch as oil producers consider their options Russia, Saudis Move at a Different Pace as Oil Cuts Scrutinized Oil prices turn lower as focus returns to oversupply |
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