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Kuwait OPEC Governor Nawal al-Fuzaia said on Monday that global crude oil prices are not expected to decline in the second half of 2015.
"It is expected that there will be some sort of a balance in the oil market in the second half of 2015 which will support prices," he said.
Nawal al-Fuzaia noted that it is too early to talk about OPEC's supply decision. Next OPEC's meeting is scheduled to be on June 05.
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