Thursday 2 April 2020

#SaudiArabia calls for an urgent OPEC+ meeting to rebalance oil markets - Saudi Gazette

Saudi Arabia calls for an urgent OPEC+ meeting to rebalance oil markets - Saudi Gazette:

Saudi Arabia called for an urgent meeting of OPEC+ and a group of other countries, with the aim of seeking a fair agreement that will restore balance to the oil markets, Saudi Press Agency (SPA) reported.

According to the report, the call for the meeting comes in the framework of the Kingdom's constant efforts to support the global economy in this exceptional circumstance.

The meeting was called also in appreciation of the US President Donald Trump request and the request of other friends in the United States.

The report pointed out the efforts made by Saudi Arabia during the past period to reach an agreement within the (OPEC+) group to restore balance in the oil market, as it managed to draw support for a deal from 22 countries (OPEC+).

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