Saudi energy minister says Opec+ cuts were needed to stabilise oil market

Philippines News News

Saudi energy minister says Opec+ cuts were needed to stabilise oil market
Philippines Latest News,Philippines Headlines
  • 📰 theSundaily
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

CALGARY: Saudi Arabia Energy Minister Prince Abdulaziz bin Salman on Monday (Sept 18) defended Opec+ cuts to oil market supply, saying international e...

CALGARY:

Speaking at the World Petroleum Congress here, Prince Abdulaziz said there was ongoing uncertainty about Chinese demand, European growth and central bank action to tackle inflation.“The jury’s still out. This is the fundamental issue – the jury’s still out.” Oil prices have been climbing in recent months amid the supply cuts, raising worries in big consumer nations, like the US, of economic damage.

Prince Abdulaziz took aim at IEA's role. “They have moved from being a forecaster and assessor of the market to one practicing political advocacy,” he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Champions League return just the start of Euro adventure for Saudi-backed NewcastleChampions League return just the start of Euro adventure for Saudi-backed NewcastleLONDON: Fuelled by the Saudi sovereign wealth fund, Newcastle return to the Champions League for the first time in 20 years at AC Milan on Tuesday hop...
Read more »

Champions League return just the start of Euro adventure for Saudi-backed NewcastleChampions League return just the start of Euro adventure for Saudi-backed NewcastleLONDON, Sept 18 — Fuelled by the Saudi sovereign wealth fund, Newcastle return to the Champions League for the first time in 20 years at AC Milan on Tuesday hoping this is just...
Read more »

Spending spree ensures Asian Champions League spotlight falls on Saudi clubsSpending spree ensures Asian Champions League spotlight falls on Saudi clubsHONG KONG, Sept 17 — Five times Uefa Champions League winner Cristiano Ronaldo will begin his quest to add another continental title to his resume on Tuesday when Saudi...
Read more »

Asian Champions League spotlight falls on Saudi clubsAsian Champions League spotlight falls on Saudi clubsHigh-profile players lured to the Saudi Pro League will add shine to the competition this week.
Read more »

Megacity, bintang dunia ‘senjata’ Arab Saudi bida Piala DuniaMegacity, bintang dunia ‘senjata’ Arab Saudi bida Piala DuniaSEJAK beberapa bulan lalu, kelab-kelab bola sepak Arab Saudi mencipta fenomena apabila membelanjakan sejumlah wang yang tidak masuk akal
Read more »

Fashion Designer Apologises After Criticism For Using Saudi Flag On Mini SkirtFashion Designer Apologises After Criticism For Using Saudi Flag On Mini SkirtA mini skirt design drew significant public criticism for featuring the Saudi Arabian flag with the Shahada inscribed on it.
Read more »



Render Time: 2025-03-01 23:30:38