Tuesday 23 May 2023

#Qatar Economic Forum (QEF) in Doha Latest News Updates: May 23, 2023 - Bloomberg

Qatar Economic Forum (QEF) in Doha Latest News Updates: May 23, 2023 - Bloomberg

Saudi Arabia’s top energy official issued another warning to oil short-sellers, just over a week before the OPEC+ alliance is due to meet.

“I keep advising them that they will be ouching — they did ouch in April,” Saudi Energy Minister Prince Abdulaziz bin Salman said at the Qatar Economic Forum in Doha on Tuesday. “I don’t have to show them my cards and I’m not a poker player. But I’d tell them: ‘Watch out’.”

The prince — famous for telling short-sellers they would be left “ouching like hell” — returned to the theme at a panel discussion at the forum alongside Qatar’s energy minister Saad Al-Kaabi and his Iraqi counterpart Hayyan Abdul Ghani to discuss what’s next for global energy supplies and demand.

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