Malaysia's clogged oil shipping lanes underscore failure to reduce glut

By Henning Gloystein and Florence Tan SINGAPORE/DUBAI (Reuters) - Oil industry leaders meeting in Malaysia next week to discuss extending production cuts won't have to look far for evidence the market remains awash in supply. While not on the official agenda at the bi-annual Asia Oil and Gas Conference in Kuala Lumpur from Sunday to Tuesday, the attendance of top oil executives and policy makers including Saudi Arabian energy minister Khalid Al-Falih, ensures the production cut will be a major talking point. Crude prices languishing near 2017 lows are also keeping the over-supply issue to the fore.

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