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

Dhwani Mehta FXStreet

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

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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