Oil ministry spokesman: Saudi Arabia is committed to a rebalancing of the oil market




The crude oil is little changed todayAn oil ministry spokesman, that is to say,

  • Saudi Arabia is demonstrating its commitment to rebalance the oil market by restricting exports, not only of the production.
  • Saudi Arabia restricted the exports in September, below the 6.7 million BPD in spite of high customer demand.

The crude oil has been trading above and below unchanged, at $49.26 (decrease of$ 0.03). The top reached $49.57 and the low $49.13.



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