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Thursday, December 31, 2015

Saudi Arabia will no longer Limit Production

Top oil exporter Saudi Arabia won't change its current reliable production policy and is ready to meet any additional demand from its customers, the kingdom's oil minister Ali al-Naimi said Wednesday.

“It is a reliable policy and we won't change it,” Naimi told reporters on the sidelines of an event in Riyadh.

“We will satisfy the demand of our customers. We no longer limit production. If there is demand, we will respond. We have the capacity to respond to demand,” he said.


1 comment:

Anonymous said...

ISIS needs oil now that Putin is cutting off their supply lines.