Al-Falih pointed out that the oil sector estimates show our need for $ 11 trillion over the next two decades to meet the growth of demand.
Added inventory levels and oil investments are the two main measures that guide our movements.
Khaled Al-Faleh told reporters in Baku, the capital of Azerbaijan, we are under no pressure except the (pressure) of the market, adding that there is no need to change production policy until June. >
The Saudi Energy Minister stated that as long as the levels of stocks rise, the policy will remain the same and that the coalition will not change the path until there is a decrease in stocks.
He continued, we need to rethink if there is a need for the OPEC + meeting in April, indicating that as long as the level of stocks rises we will remain committed to the path.
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Al-Falih: Saudi oil exports will decrease in March and April
