BRIEF-Saudi's Falih warns U.S.-China trade row hurts global economy and oil demand growth -Arab News

BRIEF-Saudi's Falih warns U.S.-China trade row hurts global economy and oil demand growth -Arab News
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  • Country:
  • United Arab Emirates

Saudi Energy Minister Khalid Al-Falih says in interview with Arab News: * Saudi Arabia is closely monitoring developments in the oil market, which saw a high level of volatility in recent weeks: Falih tells Arab News.

* Falih says effectiveness of OPEC+ efforts has been well-proven over the course of almost 30 months. * Saudi's Falih says the 24 oil exporting countries in the group remain committed to the shared objective of balancing the oil market for the benefit of producers and consumers.

* Falih says increasing U.S.-China trade friction and potential barriers would certainly have a negative impact on the global economy and oil demand growth. Source text for Eikon: Further company coverage: [ ]

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