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    Home » ‘Saudi Arabia committed to energy market stability’

    ‘Saudi Arabia committed to energy market stability’

    February 20, 2022
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    *Prince Faisal bin Farhan Al Saud

    London — Saudi Arabia is committed to working with its OPEC+ partners to ensure energy-market stability, the country’s foreign minister said on Saturday, adding this required the participation of all members.

    Prince Faisal bin Farhan Al Saud was responding to a question on whether the world’s top oil exporter would act to address any energy crisis from a potential Russian invasion of Ukraine.

    “We hope there are no crises that lead to instability of markets, and we will continue to work with our partners … The oil market is participated (in) by all of its members, one member cannot on its own manage this market,” he told the Munich Security Conference.

    *Ghaida Ghantous, Editing: Timothy Heritage – Reuters

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