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Saudi oil minister says the cautious approach is paying off

Saudi oil minister says the cautious approach is paying off

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Adam Button
16/06/2021 | 15:29 GMT

Oil near the highs of the day

Saudi Arabia's oil minister isn't hinting at any change in strategy with oil prices well above $70/barrel. He said the market is 'not out of the woods yet'.

WTI just touched a session high of $72.96.

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