Saudi Arabia hopes to reach agreement on Oil at OPEC meeting
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By Trend
According to Energy Minister, Saudi Arabia expects that oil producing states will reach a common decision at the meeting of the Organization of the Petroleum Exporting Countries (OPEC) in late November, Sputnik International reported.
Saudi Arabia’s Energy Minister Khalid al-Falih said Sunday that
he expects that oil producing states will reach a common decision
at the meeting of the Organization of the Petroleum Exporting
Countries (OPEC) in late November.
"Today our meeting is an important point in coordinating the
process of reaching an agreement between the OPEC [member] states
and the other oil producing countries in late November," al-Falih
said.
"Today’s meeting is the best demonstration of Saudi Arabia’s intention to stabilize the oil market," al-Falih added, stressing that Russia and Saudi Arabia will express the viewpoint which will become an encouraging sign for the oil market.
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