Saudi Energy Minister Prince Abdulaziz Bin Salman Bin Abdulaziz says that the build-up of spare capacity due to deep OPEC+ production cuts has given the cartel room to maneuver in the coming months.
Prince Abdulaziz reportedly believes it is also possible that OPEC+ may ease its supply cuts in the coming months but that there are several conditions before such easing can take place.
Tactical Report has prepared a 347-word report to highlight Prince Abdulaziz’s OPEC+ views and his willingness to increase oil production under specific circumstances.