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