Riyadh: We will work to ensure the availability of oil supplies[/size]
15 hours ago
Saudi Arabia is watching the oil market closely after the US statement on Iran's oil exemptions, Saudi Energy Minister Khalid al-Faleh said.
He added that the Kingdom will ensure the availability of oil supplies to consumers and the imbalance of the global oil market.
Al-Falih said his country would consult closely over the next few weeks with other producers and major oil-consuming countries for a balanced and stable market.
The Kingdom was reaffirming its long-standing policy of always working for the stability of the oil market.