Al Mazrouei to Arabic: Saudi Arabia is a major player in stabilizing oil markets

UAE Energy Minister Suhail Al Mazrouei said that Saudi Arabia is a major player in the stability of global oil markets, pointing to the cohesion of the “OPEC” and “OPEC +” organizations, considering that the relationship between its countries is an exemplary relationship that events have proven to continue.

In an interview with Al-Arabiya on the sidelines of the OPEC conference, Al-Mazrouei praised the leadership role of Saudi Arabia and the initiative it took to extend the voluntary cut by one million barrels per day, which contributes to the balance of oil markets.

Al-Mazrouei announced that the invitation is open to crude-producing countries from outside “OPEC +” to enter this alliance due to its importance, because the more members of the alliance, the better we have an appreciation of the market’s need.

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