Falih says oil investments have fallen by about $1 trillion in the last 2 years

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31 May 2017

Falih says oil investments have fallen by about $1 trillion in the last 2 years

I have expectation of balanced market in very near future
We are committed to bringing oil inventories down to a five year average
We want to institutionalise cooperation between OPEc and non OPEC producers

Major stock exchanges in Europe trading mixed: FTSE 7538.18 +11.67 + 0.16%, DAX 12613.85 +15.17 + 0.12%, CAC 5302.21 -3.73 -0.07%

Germany: Unemployment Rate s.a. , May 5.7% (forecast 5.7%)

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