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The newly appointed Saudi Energy Minister Abdulaziz bin Salman reiterated the importance of OPEC+ alliance for the market’s balance and the alliance is “staying for the long term”. The new minister told reporters that there will be no radical changes in the oil production policy of Saudi Arabia. The new minister was appointed on Saturday replacing Khalid Al-Falih, the second change in the position in three years.

New Energy Minister in Saudi Arabia Reiterates Commitment to OPEC+

The newly appointed Saudi Energy Minister Abdulaziz bin Salman reiterated the importance of OPEC+ alliance for the market’s balance and the alliance is “staying for the long term”. The new minister told reporters that there will be no radical changes in the oil production policy of Saudi Arabia.

The new minister was appointed on Saturday replacing Khalid Al-Falih, the second change in the position in three years.

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