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Venezuela Crisis Could Hit Oil Market, Saudi Warns

  The crisis in OPEC member Venezuela could impact the oil market balance, Saudi Energy Minister Khalid al-Falih told Al-Arabiya news channel on Monday. Advertisement … Continue reading Venezuela Crisis Could Hit Oil Market, Saudi Warns


Indigenous Firms Plan To Increase Oil Output
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Indigenous Firms Plan To Increase Oil Output
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The crisis in OPEC member Venezuela could impact the oil market balance, Saudi Energy Minister Khalid al-Falih told Al-Arabiya news channel on Monday.

“Of course, developments in Venezuela may have an impact on the (oil) markets … We are watching developments there and there could be an impact on the oil market balance,” Falih said.

AFP