Saudi Minister Says It’s Not the Time To Talk Oil Prices

“Now is not the time,” Abdulaziz bin Salman said at a renewable-energy event in Dubai.

OPEC+, headed by Saudi Arabia and Russia, next meets to discuss its oil-production strategy on Feb. 2. Crude prices have risen to around $85 a barrel this year.

The minister said he wasn’t referring to the oil market or prices when he said to reporters earlier: “I’ve always been comfortable.” He had been asked if he was concerned about the rise in oil prices.