| Saudi Arabia’s high crude oil production policy is based on the status of global demand and the top oil exporter is keen to maintain its market share, the kingdom’s deputy oil minister said. Speaking to reporters in Saudi Arabia, Prince Abdulaziz bin Salman bin Abdulaziz described the oil market as “excellent”, suggesting the Opec heavyweight was comfortable with current global conditions.
“As the minister mentioned, the kingdom responds to demand and supplies oil to wherever the demand is and whoever asks for it,” he said. “We care about our market share, we care about maintaining our customers and we care about the stability of the market.”..............................................Full Article: Source
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