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Saudi Arabia supports stability and balance of global oil markets -royal speech

Thursday, 28 December 2023 | 21:00

Saudi Arabia has worked to support the stability and balance of global oil markets by playing a pivotal role in establishing and maintaining the agreement of the OPEC+ alliance, the kingdom’s state news agency said on Wednesday citing the full royal speech addressed to the kingdom’s advisory Shura Council.

Saudi Arabia supports the stability of the oil markets through its role “in establishing and continuing the OPEC+ agreement as a result of its initiatives aimed at accelerating market stability and the sustainability of its supplies,” it said.
Source: Reuters (Reporting by Yomna Ehab Editing by Chris Reese)

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