Low investment in hydrocarbons impacting oil prices: Prince Abdulaziz

20/10/2021 Argaam

Minister of Energy Prince Abdulaziz bin Salman

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman said the Kingdom has always been a source of stability to the oil market, noting low investment in hydrocarbons is impacting oil prices.

 

Gasoline and gas stocks are low, Reuters reported, citing the minister.

 

He added that the world will continue to need fossil fuel and pay serious attention to supply security.

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