Saudi Arabia Confident that OPEC+ Made Right Output Decision

  • Energy minister says the group has acted very carefully
  • OPEC+ can adjust course if market changes: Prince Abdulaziz

Offshore oilfield in Manifa, Saudi Arabia.

Photographer: Simon Dawson/Bloomberg

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Saudi Arabia remains confident that an OPEC+ agreement to increase oil production over the next three months was the right move, said its energy minister.

“It’s still a good decision,” Prince Abdulaziz bin Salman said in an interview on Thursday. “I don’t see anything yet that disturbs us, me or my colleagues at OPEC+.”