Abdulaziz bin Salman: Opec+ alliance should maintain "cautious" stance until undeniable evidence of recovery

Economic Department
Post's author

The oil market recovery is far from complete, Saudi Arabia's oil minister Prince Abdulaziz bin Salman said today as Opec+ members gathered to decide their May crude production policy, Report informs, citing Argus Media.

Prince Abdulaziz said that although the market is on a "stable footing" and stocks are continuing to draw down, the Opec+ alliance should maintain this "cautious" stance "until the evidence of a recovery is undeniable".

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