Saudi Arabia Seeks Stable Crude Prices, Minister Al-Naimi Says
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Saudi Arabia, the world’s biggest crude exporter, welcomes additional supplies from other producers that may help to stabilize prices, Oil Minister Ali Al-Naimi said.
“New supplies are welcome,” Al-Naimi said today in a speech in Istanbul, where he traveled to meet Turkey’s energy minister Taner Yildiz. “They will add depth and, I hope, greater stability to world markets.”