| Demand for crude oil is growing, Saudi Arabia’s top oil official said Wednesday, amid new data showing the world is getting hungry again for petroleum products and potentially bolstering OPEC’s decision to maintain production in the face of a price collapse.
Saudi Arabia Oil Minister Ali al-Naimi used his first public comments since December to note that the oil market had become “calm” and chided anyone who would “rock the markets.” “Why do you want to rock the markets? The markets are calm…Demand is growing,” Mr. Naimi told reporters on the sidelines of a conference in Jazan, a coastal city in Saudi Arabi’s southwest...............................................Full Article: Source
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