Saudi Energy Minister to Bloomberg TV: No plans to deepen oil production cuts
Riyadh, Monday 8 April, 2019: Khalid Al-Falih, Saudi Arabia’s Energy Minister, said the Kingdom does not plan to deepen its oil production cuts. He added that oil markets are “healthy.”
Speaking to Manus Cranny, Bloomberg Television, Al-Falih said that the OPEC+ meeting in May will be a “key” gathering. He added that it’s still “premature” to decide if they will cut inventory.
Other highlights from the interview include:
Investor demand for Saudi Aramco’s debut dollar bond has exceeded $30 billion, Al-Falih said. The securities, which haven’t priced yet, will be the first of ......Read More
