Saudi minister: Main goal is to normalize global oil reserves
By Trend
The main goal of oil-producing countries is to normalize global levels of oil reserves, said Minister of Energy, Industry and Natural Resources of Saudi Arabia Khalid Abdulaziz Al-Falih, Trend reports March 18.
He was speaking at the 13th meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) in Baku.
He said that last year the market was stabilized thanks to the implementation of a number of measures. He added that despite all the success, much remains to be done.