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Saudi’s Naimi Says Oil Demand 9-10 Million B/Day, Watan Reports

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Jan. 5 (Bloomberg) -- Demand for Saudi Arabia’s oil is ranging between nine million and 10 million barrels a day at present, Oil Minister Ali Al-Naimi told al-Watan newspaper.

Prices of natural-gas liquids used as feedstock by the country’s petrochemical makers won’t be raised, Al-Naimi told the newspaper.

To contact the reporter on this story: Wael Mahdi in Khobar, Saudi Arabia at wmahdi@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net