U.S., Saudi reassure on growth as Libya turmoil drives oil (Reuters) – 68th Edition

26 02 2011

Cars drive past a petrol station in Hamburg February 23, 2011. REUTERS/Christian CharisiusReuters – The world can weather a spike in oil prices, U.S. President Barack Obama said, as Saudi Arabia offered some respite to fears over Middle East oil supplies by indicating it can cover export cuts resulting from Libya’s civil war.

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