Saudi Minister of Energy Khalid al-Falih speaks during financial sector conference in Riyadh, Saudi Arabia April 24, 2019. REUTERS/Stringer.
JEDDAH, Saudi Arabia - Saudi Arabia’s Energy Minister Khalid al-Falih said on Saturday that OPEC will be responsive to the oil market’s needs, but that he was not sure there is an oil shortage with data, particularly from the United States, still showing inventories building. Speaking in Jeddah ahead of a ministerial panel gathering on Sunday by top OPEC and non-OPEC producers, including Saudi Arabia and Russia, Falih told Reuters OPEC will not decide on output until late June when the group is due to meet.Falih said OPEC is guided by two main principles: “One to keep the market in its direction towards balancing and inventories back to normal level. And two to be responsive to market needs. We will strike the right balance I am sure.
He's also not sure where JamalKhashoggi is.... SaudiArabia MBS
OPEC is an empty shell to cover Saudi interests. The fact is for global economic security and the environment we need to get off oil as fast as possible. Saudis need to begin discovering what a real days work is and that human rights and civilised international relations matter.
Also not sure who put the hood up on his bathrobe or why he can't stop doing 'the Jeb.' CallADoctor
Of course there’s no shortage. Simply a way to manipulate markets. Make cash. Why we need solar as fast as possible. The market will NEVER fluctuate. No more gambling.
Time for The-Liar-in-Chief™ to make his phone call to OPEC and make everything OK.
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