More oil production cuts might be needed - Al-Falih

Riyadh – Mubasher: The Organization of Petroleum Exporting Countries (OPEC) might carry out additional oil production cuts in the coming period if needed, Saudi Arabia’s minister of energy, industry and mineral resources Khalid Al-Falih stated.

OPEC will wait until June or July to see the impact of its latest decisions, then it will decide whether or not it will to reduce oil output, Al-Falih told Russian News Agency TASS.

Mubasher Contribution Time: 04-Jun-2017 09:10 (GMT)
Mubasher Last Update Time: 04-Jun-2017 09:47 (GMT)