15.08.2016 - Saudi oil witnessing high demand, says Al-Falih
Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid Al-Falih has stressed that the Kingdom's production of crude oil is witnessing high demand in most parts of the world. It has gone up in part to meet the increase in seasonal demand during summer and in part to meet higher demand from our customers. Despite the bearish sentiment engulfing the market, we still see strong demand for our crude in most parts of the world, especially as supply outside OPEC has been declining fast, supply outages increasing, and global demand still showing signs of strength...............................................Full Article: Source
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