Saudi energy minister: Market to remain oversupplied by March 2018
30.11.2017
MOSCOW (MRC) — The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said, signaling a willingness to extend output cuts when OPEC meets at the end of November on whether to extend caps well into 2018, said Hydrocarbonprocessing.Khalid al-Falih also said he did not want oil prices to rise too fast and too soon to shock consumers, adding that t