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Breaking News: Saudi Energy Min Al-Falih, “as of now There’s no Agreement”

Fellas, WTI crude oil has started falling below $52 as Saudi Arabia doesn’t seem to be willing to cut the supplies.

 

Saudi Energy Min Al-Falih says:

  • As Of Now There Is No Agreement
  • Do Not Want To Shock Market
  • Looking To Balance Oil Market
  • If Everyone Not Willing To Cut Now, We Will Wait Until They Are
  • 1 Million  BPD For OPEC+ Cut Would Be Enough

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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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