Saudi Oil Minister Says OPEC With Others to Stabilize Market

Corrected
  • Oil use to rise 1 million barrels a day every year this decade
  • Investments needed to make up for decline in oil recovery

Oil Declines on U.S. Stockpiles Glut

Saudi Arabia is working with other OPEC members and producers from outside the group to stabilize the market, Saudi Oil Minister Ali al-Naimi said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.