Home Saudi Energy Adviser: Oil market likely to be well balanced in 2019 – Reuters

Saudi Energy Adviser: Oil market likely to be well balanced in 2019 – Reuters

Updated: 19 Apr. 2019 | 11:17

Reuters reports the latest comments delivered by Ibrahim al-Muhanna, an adviser to the Saudi Energy Minister Al-Falih, an oil summit in Paris on Friday.

Key Quotes:

The oil market to be “well balanced” this year.

“This year, we have seen the implementation of the OPEC Plus decision. It is possible to extend the cut until the end of the year depending on market conditions.”

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