You are here

Saudi Arabia says it won't flood oil market before Opec meeting

Oil minister says Saudis aren't concerned about global demand in spite of drop in prices and slower economy
Friday, September 2, 2016 - 05:50

BT_20160902_KVSAUDI2_2471819.jpg
Mr Al-Falih says Saudi Arabia will remain flexible in its petroleum policy and meet demand if it rises like previously.

Kuwait

SAUDI Arabia, the world's biggest oil exporter, won't boost output to capacity and flood the market, the kingdom's energy minister, Khalid Al-Falih, said as members of the Organization of the Petroleum Exporting Countries (Opec) plan to meet this month to discuss ways to stabilise

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom