Al-Marsad Daily – SPA: Saudi Energy Minister Prince Abdulaziz bin Salman categorically denied recent reports that the kingdom is currently in discussions with other OPEC+ producers on an increase in production by 500,000 barrels per day.
He added that it is known, and it is no secret to anyone, that OPEC+ does not discuss any decisions before its meetings. Note that the current cut of two million barrels per day by OPEC + will continue until the end of 2023 AD, and if there is a need to take further steps to reduce production to restore the balance between demand and offer, we are always ready to intervene.
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