Saudi King Salman: Role of OPEC+ deal is to maintain balance and stability in oil markets
|In a telephonic conversation with US President Joe Biden on Wednesday, Saudi Arabia’s King Salman said that the role of the OPEC and its allies (OPEC+) agreement is important to maintain.
King Salman “stressed the importance of maintaining balance and stability in the oil markets, highlighting the role of the historic OPEC Plus agreement in this regard, and the importance of maintaining the agreement,” the state news agency (SPA) reported.
Market reaction
WTI was last seen changing hands at $88.60, down 0.53% on the day.
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