Saudi Arabia calls to urgently discuss oil market situation
By Trend
Countries participating in the OPEC+ oil production limiting agreement should urgently hold an extraordinary meeting to reach a fair agreement on the oil market rebalancing, the Saudi Press Agency said on Thursday, Trend reports citing TASS.
"The Kingdom calls for an urgent meeting for OPEC+ group and other countries, with aim of reaching a fair agreement to restore the desired balance of oil markets," the Press Agency said.
Brent oil futures skyrocketed by 46.7% to $36.29 a barrel on the London-based ICE after the statement today, while they plummeted at their peak to $22 per barrel over the last three months.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!