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World

U.S. officials say global oil market ready for end to Iran crude exports

SINGAPORE (Reuters) - U.S. attempts to drive Iranian oil exports down to zero come against the backdrop of a global market that is sufficiently well supplied to avoid price disruptions, senior U.S. officials said on Thursday.

Nation

Govt will recalibrate 2019 budget if oil price dips below US$50, says Guan Eng

GEORGE TOWN (Bernama): The government will only recalibrate the 2019 Budget if average crude oil price dip below US$50 (RM210) per barrel, says Finance Minister Lim Guan Eng.

World

Trump calls Saudi's King to discuss oil supplies

DUBAI (Reuters) - U.S. President Donald Trump called Saudi Arabia's King Salman on Saturday and they discussed efforts being made to maintain supplies to ensure oil market stability and global economic growth, Saudi state news agency SPA reported.