News

Saudi EnergyMin Al-Falih: Continuation of supply cuts is possibility

Al Sharq Al Awsat Newspaper reports comments from Saudi Arabia’s Energy Minister Al-Falih, citing:

 Does not rule out another oil supply cut but kingdom will not take unilateral action

Continuation of supply cuts is possibility, will study procedure whether to extend output levels if needed

Comfortable with Iraqi govt commitment to oil cuts pact, Iraqi exports declined "in concrete quantities" in recent months

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.