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Energy Minister: OPEC+ has mechanisms to deal with global oil market challenges
Saudi Energy Minister Prince Abdulaziz bin Salman said that the OPEC+ has mechanisms that enable it to deal with the challenges of the oil market and enhance its continuing role in working to stabilize the global market. In an interview with the quarterly bulletin issued by the Saudi Association of Energy Economics (SAEE), he said that the need for fossil fuels, especially oil and gas, would continue for decades. “The competent authorities and expert houses indicate that there would be continued growth in demand for oil in the medium and long term, and that oil will remain one of the most important sources of ... (full story)