SAUDI STANDS ITS GROUND

Qatar Today - - BUSINESS -

“In a sit­u­a­tion like this, it is dif­fi­cult, if not im­pos­si­ble, that the king­dom or OPEC would carry out any ac­tion that may re­sult in a re­duc­tion of its share in the mar­ket and an in­crease of oth­ers' shares,” Ali Al Naimi, Saudi Oil Min­is­ter said, ac­cord­ing to the state-run news agency. Saudi Ara­bia, the largest pro­ducer in OPEC, will stick to its oil poli­cies, he said.

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