BRIEF-Saudi's Falih warns U.S.-China trade row hurts global economy and oil demand growth -Arab News
- 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: [ ]
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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