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Market strategy working: Saudi Arabia

Demand is picking up and supply is slowing, minister says ahead of Opec meet

Published Tue, Jun 2, 2015 · 09:50 PM
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Vienna

SAUDI Arabia, which led Opec to refrain from cutting oil output at a November meeting, said days before the group decides policy once again that its market strategy is working.

Saudi Oil Minister Ali al-Naimi said he didn't know whether the Organisation of Petroleum Exporting Countries would agree to keep production quotas steady at a June 5 mee…

KEYWORDS IN THIS ARTICLE

Oil prices

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