Saudi's Falih Sees No Impact on Oil Markets from Venezuela Turmoil

Source: Reuters 1/28/2019, Location: Middle East

Political turmoil in Venezuela has so far had zero impact on global oil markets, Russia’s RIA news agency cited Saudi Arabia’s Energy Minister Khalid al-Falih as saying.

Falih was quoted as saying he saw no need to take additional measures on the oil market because of the situation in Venezuela. He said he hoped a global oil output deal would be “more than a hundred percent” carried out and that the situation would need to be reassessed in March-April.

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