Al-Falih optimistic about commitment to OPEC+ supply pact

Saudi Arabia’s energy minister Khalid Al-Falih on Sunday expressed optimism on the continued commitment to the supply cut agreement between OPEC and non-OPEC members, Reuters reported.

Saudi Arabia along with other oil producers such as Azerbaijan will continue to work together to manage oil market stability, the minister said on the sidelines of the joint ministerial monitoring committee meeting in Baku.

“We will not allow energy security to be challenged by any event, but at the same time we will not leave investors, and oil and gas companies to stay bewildered not knowing what tomorrow is going to bring in terms of stable environment where investments can flow to the sector,” he added.