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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Saudi Arabia, China Affirm Importance of Stable Global Oil Markets

Oil China Xi Jinping Saudi Arabia Mohammed bin Salman Salman bin Abdulaziz Two Holy Mosques Kingdom crude oil
The Custodian of the Two Holy Mosques and the Chinese president. SPA

Saudi Arabia and China reaffirmed the significance of stability in global oil markets and the Saudi role in that, a joint statement said on Friday, following Chinese President Xi Jinping's visit to the Kingdom.

"The People's Republic of China welcomed the Kingdom’s role as a supporter of the balance and stability in the world oil markets, and as reliable major exporter of crude oil to China," the statement said.

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