Saudi Arabia says global market has potential for higher oil price
                     Source: Xinhua | 2018-04-21 02:50:23 | Editor: huaxia

    Organization of Petroleum Exporting Countries (OPEC) secretary general Mohammed Barkindo (L), Saudi Energy Minister Khaled al-Faleh (C) and Russian Energy Minister Alexander Novak (R) attend a meeting of OPEC and non-OPEC members to assess compliance with production cuts and to discuss potential long-term cooperation, in Jeddah on April 20, 2018. (AFP photo)

    RIYADH, April 20 (Xinhua) -- Saudi Arabia highlighted on Friday the global market capacity for higher oil price after the crude price hit its highest level in over three years, Al Arabiya reported.

    "Energy intensity, as you know has declined significantly ... this and higher productivity of energy input leads me to think that the global market has the capacity to absorb higher price," said Khalid al-Falih, Saudi Energy Minister, at an oil meeting in Jeddah.

    Falih insisted the Organization of Petroleum Exporting Countries (OPEC) does not have a target for oil price.

    "We never have a price target... Prices are determined by the market," said Falih who warned against the danger of price fluctuations, saying that "volatility is our enemy."

    OPEC and non-OPEC countries struck a deal in 2016 to trim production by 1.8 million barrels per day to reduce a global glut of oil.

    The deal, which is due to expire at the end of this year, has boosted oil price to above 70 U.S. dollars a barrel from below 30 dollars a barrel in early 2016.

    Back to Top Close
    Xinhuanet

    Saudi Arabia says global market has potential for higher oil price

    Source: Xinhua 2018-04-21 02:50:23

    Organization of Petroleum Exporting Countries (OPEC) secretary general Mohammed Barkindo (L), Saudi Energy Minister Khaled al-Faleh (C) and Russian Energy Minister Alexander Novak (R) attend a meeting of OPEC and non-OPEC members to assess compliance with production cuts and to discuss potential long-term cooperation, in Jeddah on April 20, 2018. (AFP photo)

    RIYADH, April 20 (Xinhua) -- Saudi Arabia highlighted on Friday the global market capacity for higher oil price after the crude price hit its highest level in over three years, Al Arabiya reported.

    "Energy intensity, as you know has declined significantly ... this and higher productivity of energy input leads me to think that the global market has the capacity to absorb higher price," said Khalid al-Falih, Saudi Energy Minister, at an oil meeting in Jeddah.

    Falih insisted the Organization of Petroleum Exporting Countries (OPEC) does not have a target for oil price.

    "We never have a price target... Prices are determined by the market," said Falih who warned against the danger of price fluctuations, saying that "volatility is our enemy."

    OPEC and non-OPEC countries struck a deal in 2016 to trim production by 1.8 million barrels per day to reduce a global glut of oil.

    The deal, which is due to expire at the end of this year, has boosted oil price to above 70 U.S. dollars a barrel from below 30 dollars a barrel in early 2016.

    010020070750000000000000011105091371258861
    主站蜘蛛池模板: 免费jjzz在在线播放国产| 97av麻豆蜜桃一区二区| jizz视频护士| 亚洲自拍欧美综合| 精品视频一区二区三区在线观看| 波多野结衣av高清一区二区三区| 日韩精品一区二区三区在线观看| 婷婷影院在线观看| 国产成人综合亚洲绿色| 印度爱经hd在线观看| 口工里番h全彩动态图| 亚洲黄网在线观看| 久久综合九色综合欧美狠狠 | 四虎成年永久免费网站| 亚洲高清中文字幕| 五月婷婷在线视频| 一区国严二区亚洲三区| 竹菊影视国产精品| 色狠狠久久av五月综合| 欧美视频免费在线观看| 日本乱偷互换人妻中文字幕| 夜色www国产精品资源站| 国产成人久久av免费| 伊人影院中文字幕| 久久精品国产99国产精品亚洲| www320999com| 青青青久97在线观看香蕉| 波多野结衣新婚被邻居| 无码高潮少妇毛多水多水免费| 国精品午夜福利视频不卡| 国产中文字幕在线视频| 亚洲欧洲精品成人久久曰影片| 久久91精品国产91久| 18禁黄污吃奶免费看网站| 精品国产免费观看久久久| 日韩视频在线观看| 国语自产偷拍精品视频偷| 向日葵视频app免费下载 | 精品无人乱码一区二区三区| 欧美一区视频在线| 天天夜天干天天爽|