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| 14 February, 2018

Saudi's Falih confident oil cuts will continue to stabilize market

Confident that our high degree of cooperation and coordination will continue and bring the desired results: Saudi minister

Saudi Arabia's Oil Minister Khalid al-Falih arrives for an OPEC meeting in Vienna, Austria, November 30, 2017.

Saudi Arabia's Oil Minister Khalid al-Falih arrives for an OPEC meeting in Vienna, Austria, November 30, 2017.

REUTERS/Heinz-Peter Bader

RIYADH - Saudi Arabia's Energy Minister Khalid al-Falih said on Wednesday he was confident that cooperation between the Organization of the Petroleum Exporting Countries (OPEC)and its non-OPEC allies will continue to stabilize oil markets.

"I am confident that our high degree of cooperation and coordination will continue and bring the desired results," Falih told an industry conference in Riyadh attended by Russian Energy Minister Alexander Novak and OPEC Secretary General Mohammad Barkindo.

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(Reporting By Rania El Gamal; Writing By Maha El Dahan; Editing by Christian Schmollinger) ((Maha.Dahan@thomsonreuters.com; + 9712 4082101; Reuters Messaging: maha.dahan.thomsonreuters.com@reuters.net))