Energy Minister: Saudi Arabia sacrificed the most to improve oil market

Energy Minister Prince Abdulaziz Bin Salman said that Saudi Arabia sacrificed the most; and without its leadership the oil market would not have improved.

 Energy Minister Prince Abdulaziz Bin Salman said that Saudi Arabia sacrificed the most; and without its leadership the oil market would not have improved.

The Minister said on Sunday that there is consensus among OPEC+ countries on extending OPEC+ deal, except for one nation.

“If there are reservations in any country, why did they keep silent about them previously? I represent a balanced country that considers the interests of all in its role as president of OPEC+.”

The Minister also said that he was not very hopeful about the forthcoming OPEC+ meeting.

“I’ve been attending OPEC+ meetings for 34 years and have never seen such a demand, I am neither optimistic nor pessimistic about the upcoming OPEC+ meeting,” Prince Abdulaziz said.

Prince Abdulaziz added that no country could take its production level in one month as a reference.

“Saudi Arabia and Russia are partners in the proposal to extend the OPEC+ agreement and increase production,” Prince Abdulaziz added.