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Email this article: Saudi Arabia, others in OPEC willing, able to replace Libyan oil
Posted: Thu February 24, 2011 2:54 pm
SAUDI ARABIA. Other OPEC producers can replace any lost Libyan oil, including crude of the same quality, a Saudi Arabian oil official said.
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UAE. S&P expects Abu Dhabi's government balance will worsen further based on the ratings agency's updated oil price assumptions; However, the emirate's large net asset position will continue to give it a considerable buffer to support the economy; Continued structural and institutional weaknesses anticipated.
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