King Salman: Saudi Arabia supports the stability and balance of global oil markets

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud stressed, during the opening of the third year of the eighth session of the Shura Council, that the Kingdom is striving, within its energy strategy, to support the stability and balance of global oil markets, describing oil as an important element in supporting the growth of the global economy.

He added in a statement published by the Saudi Press Agency (SPA): “This is reflected in the pivotal role of the Kingdom in establishing and maintaining the (OPEC Plus) agreement as a result of its initiatives to accelerate the stability of markets and the sustainability of its supplies, as well as the Kingdom’s keenness to develop and invest all its energy resources.”