Saudi energy minister says hopes to balance oil market before next year

FILE PHOTO: Saudi Arabian Energy Minister Khalid al-Falih, is seen after the OPEC 14th Meeting of the Joint Ministerial Monitoring Committee in Jeddah, Saudi Arabia, May 19, 2019. REUTERS/Waleed Ali

KARUIZAWA, Japan - Saudi Energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the oil market before next year. “We hope that we will balance the market before next year. We are working on it,” Falih told reporters on the sidelines of a meeting of G20 energy and environment ministers in Karuizawa, Japan, when asked about the current oil market situation.

Falih said earlier this month that the Organization of the Petroleum Exporting Countries was close to agreeing to extend a pact on cutting oil supplies beyond June, although more talks were still needed with non-OPEC countries that were part of the production deal.

Leave the ship going as wind wants.

Saudis blur the boundary between reality&fantasy! As though they living on another planet.

The world needs to stop buying oil from the Middle East. Time to starve the terrorist out of business.

It is No more than a will-ò-the-wisp!. 😬

Hope and reality are two different things. In this article, German Foreign Minister Maas takes a completely different view:

وين السكن، وين وظائف العاطلين، تبلع انت ومعزبك عائدات النفط، وتعطون ترامب حصة منها، وبتحاربون ايران : ونحن لنا الله كشعب. معادله نتيجتها =0

$ 20 oil crude is the Real Balance

touhid99design

'We're kinda busy with all the murdering right now but we'll get to it' - Mr Bone Saw's representative

Balance it for who? The Saudis who have raped the world and are now pissed that Venezuala has the biggest oil reserve?

Use of camel urine is a cultural thing among the Arabs

Meanwhile their sworn enemy is making free electricity? Hahahahahahahaha

let the electric cars come

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