Saudi energy minister says Algiers talks are consultative

Saudi energy minister says Algiers talks are consultative
 

Saudi Arabia's Energy Minister Khalid al-Falih said on Tuesday that talks among OPEC and non-OPEC oil producers in Algiers this week are consultative, casting doubt on the chances of any policy decision during the meeting.
He also said he was optimistic about the oil market.
"We are optimistic about the fundamentals. The market is trending in the right direction, slower than what we had hoped for a few months ago but the fundamentals are moving in the right direction," Falih told reporters.
"From that aspect we are feeling good about the market and I think the rebalancing is... read more

 
27 September 2016 in Business, Views: 32
Source: Reuters
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