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Asharq Al-Awsat

Business

London - Asharq Al-Awsat

OPEC+ Member States Support Saudi Arabia’s Stance on Balancing Oil Markets

OPEC Oil Saudi Arabia Abdulaziz bin Salman Petroleum Sudan crude oil United Arab Emirates

Oil prices rose with the growing support for the Saudi vision of market balance. (EPA)

A statement by Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman on balancing oil markets has been met by a flurry of support by OPEC+ member states.

The United Arab Emirates is aligned with Saudi Arabia’s thinking on crude oil markets, a source with knowledge of the matter told Reuters on Friday.

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Top stories on inkl right now

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US midterm elections: Who is Abdul El-Sayed? The Egyptian-American Rhodes scholar and public health expert taking on Republicans in Michigan’s Senate race

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