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


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These translations are done via Google Translate
(Bloomberg) Saudi Arabia’s energy minister said it’s not the time to talk about 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.

GLJ
GLJ

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.



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