Saudi energy minister says ‘premature to talk about oil market overheating’

03/06/2021 Argaam

Prince Abdulaziz bin Salman, Minister of Energy

Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, said it would be premature to talk about potential overheating in the global oil market before seeing higher demand, Russia’s RIA news agency reported today, June 3, 2021.

 

“There will always be a good amount of supply to meet demand, but we’ll have to see demand before we see supply,” Prince Abdulaziz said when asked about the overheating risk at the economic forum in St. Petersburg, Russia.

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