“SAUDI ARA­BIA WILL NOT AL­LOW IT­SELF TO BE USED BY OTH­ERS.”

Finweek English Edition - - THE WEEK -

− Khalid al-Falih, Saudi Ara­bia’s en­ergy min­is­ter, said other par­tic­i­pants in the deal to cut oil pro­duc­tion in or­der to sta­bilise the global mar­ket should share in the bur­den of pro­duc­tion cuts, ft.com re­ported. Data from the Or­ga­ni­za­tion of the Pe­tro­leum Ex­port­ing Coun­tries (Opec) showed that Saudi Ara­bia, the world’s big­gest ex­porter of oil, in­creased pro­duc­tion in Fe­bru­ary, and con­trib­uted to a 10% slide in bench­mark oil prices, ft.com re­ported.

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