OPEC+ working against 'uncertainities and sentiment,' Saudi energy minister says

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Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Sunday that the latest OPEC+ agreement involved comprehensive reform, but that the alliance was also working against 'uncertainities and sentiment' within the market.

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al-Saud arrives for an OPEC meeting in Vienna, Austria, June 4, 2023. REUTERS/Leonhard Foeger/File Photo

RIYADH, June 11 - Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said on Sunday that the latest OPEC+ agreement involved comprehensive reform, but that the alliance was also working against "uncertainities and sentiment" within the market. "That is why we had this agreement," Prince Abdulaziz said at the Arab-China business conference in the Saudi capital Riyadh, when asked what was necessary to achieve market stability.Reporting by Aziz El Yaakoubi and Maha El Dahan; Editing by Alex Richardson

 

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