Official: Saudi policy toward OPEC not shift after the appointment of a new energy minister
RIYADH (Reuters) - There will be no change in Saudi Arabia's policies toward OPEC after the appointment of Prince Abdul Aziz bin Salman as the new energy minister, a Saudi official said on Sunday, adding that the world's top oil exporter would continue to abide by the cartel.
Prince Abdul Aziz, the son of the Saudi monarch and a veteran oil official, was named energy minister to replace Khalid al-Falih, the first time a member of the kingdom's royal family has taken over the energy portfolio.
"There is no change in Saudi oil policy or OPEC policy. Prince Abdul Aziz will work to strengthen cooperation between OPEC and non-OPEC producers," the official said.