Saudi Falih optimistic on continued commitment to OPEC+ oil supply cut

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Saudi Arabia's energy minister said on Sunday he was optimistic about conti...

FILE PHOTO: Saudi Arabia's Energy Minister Khalid al-Falih speaks during the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis/File Photo

“I am obviously optimistic that implementation of our OPEC+ agreement will improve, it’s already strong by historical standards,” Khalid al-Falih said on the sidelines of the joint ministerial monitoring committee meeting in Baku. Saudi Arabia along with other oil producers such as Azerbaijan will continue to work together to manage oil market stability, he said.

Source: Energy Industry News (energyindustrynews.net)

 

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I'll bet he is their green backs r few an far between keep drilling n USA camel jockeys will get on welfare

The more they cut the more the Americans will pump , and they are more then profitable with oil at 35 dollar level .. Saudi’s and partners should have invested in making pumping their oil more efficient to compete with the Americans .. OPEC is doomed

Supply cut = Chainsaw run on

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