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UPDATE 1-Saudi energy minister says he discussed oil markets with Russian counterpart

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CAIRO, Aug 3 (Reuters) - Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia would continue to comply with production cuts until the end of Q1 2020, he said in a tweet on Saturday. "We confirm that we will continue to hold such meetings and talks between our two countries to ensure further progress, partnership, investment development and mutual trade," Al-Falih added during the meeting. (Reporting By Ahmed Tolba; Editing by Catherine Evans)