OPEC+ won’t change its strategy: Saudi energy minister

Prince Abdulaziz bin Salman stressed that there must be a regulator for the market, in an interview with Asharq.

  
A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration Image used for illustrator purpose

A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration Image used for illustrator purpose

 
OPEC+ will not change its strategy and isn’t obliged to solve a problem it did not create, Asharq reported, citing the Saudi energy minister.

Prince Abdulaziz bin Salman stressed that there must be a regulator for the market, in an interview with Asharq.

The intergovernmental organization is raising daily oil production by 400,000 barrels per month and has been under pressure from countries including the US to increase supply after cuts last year due to the pandemic.

Copyright: Arab News © 2021 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Commodities