Saudi Arabia may refuse to increase oil production

12:46 - 5.07.2021


July 5, Fineko/abc.az. Saudi Arabia may refuse to increase oil production in August.

ABC.AZ reports that this was stated in an interview by this country’s Energy Minister, Abdul Aziz bin Salman.

The Saudi minister noted that the OPEC+ countries will be forced to take this step if they do not reach an agreement on 5 July.

On 5 July the OPEC+ countries will meet again at 5 on Baku time to ensure the coordination of oil production levels by the end of this year.