(Reuters) - Crude supply to global markets is sufficient and oil price rises have been due to political tensions and refining industry bottlenecks, OPEC President Mohammed al-Hamli said on Wednesday.
"Supplies to the oil market are sufficient," Hamli told reporters in Abu Dhabi, a day after the International Energy Agency (IEA) said the world needed more oil from OPEC to meet stronger than expected demand.
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"Supplies to the oil market are sufficient," Hamli told reporters in Abu Dhabi, a day after the International Energy Agency (IEA) said the world needed more oil from OPEC to meet stronger than expected demand.
Read more at Reuters Africa
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