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Markets

Saudi Arabia seeks urgent OPEC+ meeting to stabilise oil market

The kingdom calls for an urgent meeting of OPEC+ and a group of other countries with the aim to try and reach a fai
Published April 2, 2020
  • The kingdom calls for an urgent meeting of OPEC+ and a group of other countries with the aim to try and reach a fair deal to restore balance to the oil market.

RIYADH: Leading world crude exporter Saudi Arabia on Thursday made a surprise call for a meeting of the OPEC+ oil producers to "stabilise the oil market" amid a price war.

"The kingdom calls for an urgent meeting of OPEC+ and a group of other countries with the aim to try and reach a fair deal to restore balance to the oil market," said a statement carried by the Saudi Press Agency.

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