GLOBAL OIL STOCKS 2.88 BBL
PLATTS - Global oil inventories remain above the "normal level," Saudi energy minister Khalid al-Falih said Monday, speaking just weeks before an OPEC technical meeting scheduled to discuss oil market fundamentals and compliance with organization's current production to cut deal.
"I think we are getting to a point where inventories are starting to stabilize, but they are still above what I would call a normal level," Falih said during the Gulf Intelligence Forum in Riyadh.
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