JEDDAH, Saudi Arabia, May 19 (Reuters) - Saudi Arabian
Energy Minister Khalid al-Falih said on Sunday that he
recommended driving oil inventories down and that supplies of
crude were plentiful around the world.
"Overall the market is in a delicate situation," Falih told
reporters.
Falih was speaking in Jeddah, Saudi Arabia, ahead of a
ministerial panel meeting of top OPEC and non-OPEC oil
producers, including Saudi Arabia and Russia.