The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

Oil price fluctuations 'normal': Saudi minister

Published Thu, Dec 18, 2014 · 10:54 AM
Share this article.

[RIYADH] Movements in the global oil price, which has plunged about 50 per cent this year, are to be expected, key producer Saudi Arabia said on Thursday, expressing optimism for the future.

"Price fluctuations in commodities, including oil, are normal," the kingdom's Oil Minister Ali al-Nuaimi said, quoted by the official Saudi Press Agency.

He said he is "optimistic for the future because the situation that we and the world currently face is temporary."

AFP

OIL ROUT: get all the latest news and analysis here

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here