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FinancialNews


  • 13-11-17

    Saudi Arabia: oil market is seeing improvements

    (MENAFN) Saudi Oil Minister Khalid Al Falih said in Baghdad on Saturday that the global oil market is improving and stabilizing.

    The minister praised the cooperation between Iraq and Saudi Arabia in a speech during the opening of the Baghdad International Exhibition as saying it has helped to boost global oil prices.

    Saudi Arabia and Iraq were in agreement on the need to "fully comply" with cutbacks in crude output agreed by Opec, Russia and several other producers to push up prices, he said speaking to reporters.

    MENAFN1311201700450000ID1096078556

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