Saudi Arabia and UAE vow to deliver 'significant increase' in oil output as world faces supply crunch - Business Insider South Africa

"The only time we can prove we have more spare capacity is when it comes to a long-lasting crisis," sources familiar with the matter told Reuters.

• OPEC leaders Saudi Arabia and the UAE agreed to "significantly increase" oil output if needed. 
• The countries pledged to pump more oil specifically if the world faces a supply crunch … [+2423 chars]
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