Monday 14 October 2019

#SaudiArabia calls for focus on oil market stability, not oil price - Reuters

Saudi Arabia calls for focus on oil market stability, not oil price - Reuters:

Saudi Arabia’s Energy Minister said on Monday it was important to concentrate on the stability of the oil market rather than the price of oil and that a fair price was a stable price.

The minister, Prince Abdulaziz bin Salman, said oil exporters taking part in the global output deal between OPEC and its allies were showing serious commitment to the cuts.

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