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Saudi Arabia says oil producers want to reduce inventories

Reuters Sunday, 19 May 2019
Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the needs of what he called a fragile market.
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News video: Saudi Energy Minister Says Attacks Put Security of Oil Supply At Risk

Saudi Energy Minister Says Attacks Put Security of Oil Supply At Risk 00:33

According to Reuters, Saudi Arabian Energy Minister Khalid al-Falih on Sunday said that recent attacks on Saudi energy assets had put security of oil supply at risk but not affected his country’s output. He also called on Saudi Arabia’s partners to condemn the attacks. The statement comes after...

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