Saudi Arabia's oil minister blames speculative activity, OPEC exports for falling prices

  • Saudi Arabia's Energy Minister accuses speculation, increased OPEC exports for oil's fall.

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has come out saying that global oil demand is not weak, "It’s all a ploy.”

On falling prices he blames speculative activity and higher oil exports from OPEC member countries in recent months.

saudi prince oil price 10 November 2023

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