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Saturday, 08 August 2020

Saudi says closely monitoring oil markets, ready to act

AFP , Tuesday 21 Apr 2020
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OPEC kingpin Saudi Arabia said Tuesday it was closely monitoring the oil markets and ready to take any additional measures after prices hit historical lows.

"The kingdom continues to closely monitor the situation in the oil markets and is prepared to take any additional measures in cooperation with OPEC+ and other producers," the cabinet said in a statement cited by the official Saudi Press Agency.

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