Saudi Oil Minister: OPEC+ Strategy Is Not Set In Stone ...Middle East

Economy by : (OILPRICE) -
Days after OPEC+ greed to gradually ramp up production, adding some 2 million bpd to global supply by July, the Saudi energy minister, Prince Abdulaziz bin Salman has hinted that the cartel could change course if necessary. Bloomberg quotes the official as saying there was nothing in oil markets that was bothering the cartel but the oil ministers will continue to meet every month and stand ready to change tack if this is called for. It may well become called for at some point unless the pandemic situation changes drastically for the better. Infections…

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