JEDDAH, Saudi Arabia - Saudi Arabian Energy Minister Khalid al-Falih said on Sunday that he recommended driving oil inventories down and that supplies of crude were plentiful around the world.

"Overall the market is in a delicate situation," Falih told reporters.

Falih was speaking in Jeddah, Saudi Arabia, ahead of a ministerial panel meeting of top OPEC and non-OPEC oil producers, including Saudi Arabia and Russia.

(Reporting by Rania El Gamal; Editing by Dale Hudson) ((dale.hudson@thomsonreuters.com))