Ali Al Naimi, Saudi Arabia’s Minister of Petroleum and Mineral Resources, has said that further cuts in oil output would be on the agenda at next month’s Opec meeting, reported Arab News. Al Naimi said the impact of the recent 1.2m bpd cut on oil price stability would be studied. One major concern for oil exporters is the healthy stockpiles in countries such as the US, the world’s biggest user.

Via AMEInfo.

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