OPEC 'very satisfied' with oil market

GMT 08:48 2016 Thursday ,02 June

Arab Today, arab today OPEC 'very satisfied' with oil market

Vienna - Arab Today

OPEC is "very satisfied" with the oil market, with a "rebalancing" expected to help boost further the price of crude, Saudi Arabia's new energy minister said Thursday at a meeting of the cartel.

"Everybody is very satisfied with the market. The market is rebalancing as we speak. Demand is extremely healthy and robust. Non-OPEC supply is declining. Prices will respond to the rebalancing of the market," Khaled al-F

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