Page 4 - ஆற்றல் ப்ரிந்ஸ் அப்துலஜிஸ் பின் சல்மான் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

RIYADH: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman believes it would be premature to talk about potential overheating in the global oil market, Russia s RIA news agency reported on Thursday. “There will always be a good amount of supply to meet demand, but we’ll have to see demand before you see supply,” the prince said at the St. Petersburg economic forum in Russia. Earlier this week, the OPEC+ alliance of oil producers led by Saudi Arabia and Russia kept supply on an upward track. The meeting of OPEC+ ministers one of the shortest on record at 30 minutes saw an agreement reached to stick to plans to increase oil supply by more than 2 million barrels a day by the end of July, noting “ongoing improvement in oil demand as economic recovery continued in most parts of the world as vaccination programs accelerated.”

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