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By Osamu Tsukimori KITAKYUSHU, Japan (Reuters) - International Energy Agency (IEA) chief Fatih Birol said on Sunday that oil prices may have bottomed out, providing that the health of the global economy does not pose a concern. Oil prices hit 2016 highs on Friday with Brent crude reaching $48.50 a barrel on optimism that a global oil glut will ease. A decline in non-OPEC production amounting to more than 700,000 barrels per day this year, and production outages such as in Nigeria and Kuwait, have driven the rally, Birol told Reuters on the sidelines of the Group of Seven energy ministers' meeting in Kitakyushu, southwestern Japan.
THE HAGUE, Netherlands (AP) — With about 92 percent of the world's declared chemical weapons stockpiles destroyed, the watchdog agency overseeing the elimination of poison gas and nerve agents is looking now to counter emerging threats from extremist groups while still dealing with unfinished business in Syria.