Saudi Arabian Energy Minister: OPEC+ is flexible enough to change decisions whenever required Oil OPEC SaudiArabia WTI Commodities
Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Monday, “OPEC+ is flexible enough to change decisions whenever required.”
Last week, Saudi Arabian Energy Minister said the current OPEC+ deal on oil output would be locked in until the end of the year, adding the oil group can't increase output based solely on initial signals.WTI is keeping its upbeat momentum intact on the above comments, rallying 1.08% on the day to trade at $77.35, as of writing.Information on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arab states need new approach towards Syria, says Saudi foreign ministerSaudi Arabia's foreign minister said consensus was building in the Arab world that isolating Syria was not working and that dialogue with Damascus was needed 'at some point' to at least address humanitarian issues, including a return of refugees.
Read more »
The truth behind how to reduce your energy use and still live wellSome researchers think 2000 watts of average continuous energy use – or 48 kilowatt hours per person per day – is enough to live a good life But what's it like in practice? New Scientist reporter James Dinneen took up the 2000wattchallenge to find out
Read more »
Monster Energy Supercross – The Official Videogame 6 Gets New TrailerCheck out the latest hyped trailer for MonsterEnergySupercross – The Official Videogame 6, hyping up the fun of the game. Supercross6 Supercrossthegame Supercross SX6 SX
Read more »
Fashion Frenzy: Finding Feminine Energy in The Latest Couture FashionsShot in Paris, WWD styles the latest couture offerings on model Sokhna Niane. WWDWeekend
Read more »
Energy remains high on day 2 of Penn State's THONBut at THON when dancers get a little tired, organizers always seem to know when to bring in some motivation to keep it going.
Read more »
IEA's Birol warns of tighter energy supply next winterInternational Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied natural gas (LNG) is coming to the market while China's consumption set to rise this year.
Read more »