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Environment & Energy NEWS
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Posted on: Tuesday 4 December, 2018 4:14 pm
Saudi Energy Minister to Bloomberg Television: Premature to Say if OPEC+ to Cut Output

In an interview with Bloomberg Television, Saudi Arabia’s Energy Minister Khalid Al-Falih said it was premature to say if OPEC+ will cut output. 

 

Speaking to Annmarie Hordern, Al-Falih added:

 

  • Uncertain what size supply cut the world needs
  • It’s OPEC+ job to provide stability to market
  • French unrest is a result of unreasonable energy taxes; very sad to see impact of energy price in France
  • Saudi crude production in 11m to 11.2 b/d range

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