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UAE energy minister says oil market is correcting


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These translations are done via Google Translate

DUBAI (Reuters) – The global oil market is “correcting”, UAE energy minister Suhail al-Mazrouei told reporters on Monday.

He said at an event in Dubai that he expects “everyone” to cut oil supply under an agreement reached earlier this month in Vienna between OPEC and non-OPEC exporters.

Reporting by Alexander Cornwell; editing by Jason Neely



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