By Tamara Walid
March 28 (Bloomberg) — The oil market is well supplied
even as supply from Libya is disrupted, the United Arab
Emirates’ OPEC governor Ali Al-Yabhouni said in Abu Dhabi.
“OPEC members stepped in with a sizeable increase from
Saudi Arabia, U.A.E., Kuwait and Angola,” he told a conference.
“Even without Libya there is plenty of oil in the market.”
OPEC is the Organization of Petroleum Exporting Countries.
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