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Crude oil exports from the five Persian Gulf Arab members of OPEC fell by about 1.1 million barrels a day last month
Saudi Arabia Is Starting to Stockpile Oil Again: Julian Lee
published Aug 5, 2018, 2:00:13 AM, by Julian Lee (Bloomberg Opinion) — The key OPEC oil producers seem to be finding it harder than expected to sell their output overseas. The probable resulting build-up in their stockpiles should at least help them offset the drop in Iranian supplies as U.S.