20 Jun 2018
Saudi crown prince: OPEC to discuss bringing more supply to the market
Saudi Arabia's crown prince Mohammed bin Salman, is out with some comments, saying that OPEC is to discuss bringing more supply to the market.
Key quotes:
• Committed to ensuring adequate oil supplies.
• Wants to avoid either oil shortfall or oil glut.
• Oil market fundamentals remain healthy.
• Must address the weakness of OPEC policy.
• OPEC must adopt flexible, forward-looking policy.