April 1, 2021 Meet the Middle East

Saudi Arabia calls for restraint at OPEC+ meet as market recovery far from complete

OPEC+ oil producers have taken a cautious stance but the market’s recovery is far from complete, Saudi Arabia’s energy minister said on Thursday.“Last month we called for a cautious and restrained approach and fortunately we were proved right by subsequent events,” Prince Abdulaziz bin Salman said as he opened an OPEC+ meeting.For all the latest headlines follow our Google News channel online or via the app.“The market now realizes that the OPEC+ cautious position was the correct course of action... The reality that remains (is the) global picture is far from even and the recovery is far from complete.”Read more: US Energy Secretary makes phone call to Saudi Arabia ahead of OPEC+ meet
Source: Al Arabiya
Full Article: Saudi Arabia calls for restraint at OPEC+ meet as market recovery far from complete