‘Per­mis­sion not needed on oil cuts’

The Star Early Edition - - WORLD -

SAUDI Ara­bia does not need per­mis­sion from for­eign gov­ern­ments or lead­ers, in­clud­ing US Pres­i­dent Don­ald Trump, on mat­ters re­lated to oil pro­duc­tion cuts, says Saudi en­ergy min­is­ter Khalid al-Falih.

Trump ex­pressed hope in a tweet on Wed­nes­day that the Or­gan­i­sa­tion of the Pe­tro­leum Ex­port­ing Coun­tries (Opec) would “be keep­ing oil flows as is, not re­stricted”, stress­ing that there was no need for higher oil prices.

Speak­ing yes­ter­day, ahead of the Opec min­is­te­rial con­fer­ence in Vi­enna, Falih told re­porters that Opec was seek­ing a “suf­fi­cient” oil out­put cut among its mem­bers.

Khalid al-Falih

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