Saudi Minister Blames Oil Price Drop on Speculators, Not Fundamentals
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Oil demand is healthy, speculators to blame for price drop says Saudi Energy Minister
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Increase in oil exports recently is seasonal, not indicative of production changes
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Brent crude retreated to 3-month low under $80/barrel despite supply concerns
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Doubts emerging about plunging refinery profits, lackluster trading, economic outlook
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Saudi minister says misunderstanding exports vs production changes is "abuse of numbers"