OPEC LOOKING FOR SUFFICIENT OIL OUTPUT CUT: SAUDI ARABIA
Last Updated: 2018-12-07
Decrease Font Size Increase Font Size

VIENNA, Austria, Dec 7 (NNN-SPA) - Saudi Arabia, on Thursday, said, the Organisation of the Petroleum Exporting Countries (OPEC), is looking for a sufficient cut, to balance the oil market, ahead of the meeting with other OPEC members.

"We are looking for a sufficient cut to balance the market," Saudi Energy Minister, Khalid al-Falih, told reporters before the closed-door meeting in Vienna.

In a press release, OPEC said, it is important to examine the potential gap between supply and demand in 2019.-- NNN-SPA