Mubasher TV
Contact Us Advertising   العربية

Saudi Arabia cooperates with OPEC on oil stability, says Al-Naimi

Saudi Arabia cooperates with OPEC on oil stability, says Al-Naimi
Photo Credit: Arabianeye - Reuters

Dubai – Mubasher: Saudi Arabia is continuing with cooperation with oil producing and exporting countries, whether from OPEC or outside, to maintain oil prices stability, said Oil Minister Ali Al-Naimi

The minister also stressed that investments in oil sector should continue in the future to fulfill the expected rise in demand for crude globally by more than one million barrels per day.

Saudi Arabia's cooperation with oil producing countries comes as part of its efforts to maintain market stability, said Al-Naimi, adding that the kingdom is enjoying strong credibility and is a major oil exporter as well as a key investor in petroleum industries locally and globally.