Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said in an interview with official news agency SPA that OPEC+ will remain “proactive” as global oil markets face uncertainty, “In face of a wide range of uncertainties, OPEC+ has no choice but to remain proactive and preemptive, and this is not an easy task, especially that the market has the tendency to overreact to news in both directions.”

Opec+ To Remain ‘Proactive’ Amid Oil Market Uncertainty, Saudi Energy Minister Says

Posted On: February 13, 2023

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Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said in an interview with official news agency SPA that OPEC+ will remain “proactive” as global oil markets face uncertainty, “In face of a wide range of uncertainties, OPEC+ has no choice but to remain proactive and preemptive, and this is not an easy task, especially that the market has the tendency to overreact to news in both directions.”