DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman and the director of China’s National Energy Administration Zhang Jianhua on Friday said they would strengthen their ties in the energy sector, the Saudi state news agency SPA reported.
The officials spoke in a teleconference call and stressed the importance of stable long-term supplies to crude oil markets, SPA said.
The Saudi minister reaffirmed earlier on Friday from New Delhi that OPEC+ is doing the right job to ensure stable and sustainable oil markets.
Saudi Arabia, US clash over reason for OPEC+ oil cut
The United States and Saudi Arabia have been at odds since a decision by OPEC+ group of oil producers, of which Saudi is the de facto leader, to cut output even after the Biden administration sought to stay OPEC’s hand for a month with an eye on US mid-term elections.
China, the world’s largest crude importer, has stuck to strict COVID curbs this year, which weighed heavily on business and economic activity, lowering demand for fuel.
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