Saudi Arabia: We seek to balance the oil market before next year
10:36 - 15/06/2019
Saudi Energy Minister Khalid al-Faleh expressed hope on Saturday that oil producers could achieve balance in the oil market before the beginning of next year.
"We hope to achieve a market balance before next year," Faleh told reporters on the sidelines of a meeting of energy and environment ministers of the G-20 in the Japanese city of Karuizawa on Wednesday when asked about the current situation of the oil market. We are working on that. "
Al-Faleh said earlier this month that OPEC was about to agree to extend the oil supply reduction agreement beyond June, although more talks were still needed with non-OPEC members, Production cut agreement. Ending / 25