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Saudi Arabia sees global oil supply plentiful, demand good
- Saudi Arabia: Wednesday, December 19 - 2012 at 01:56
Saudi Arabia's oil minister Ali Al-Naimi has said global oil supplies are plentiful and demand is good, while buyers and sellers are happy with current price, Reuters has reported. "You know my desire is that people leave the market alone," Naimi said. "You know why? Because everybody now is happy with where the prices are. Nobody is complaining about high prices or low prices." "They are no longer sky rocketing or falling down. So I will really leave the market alone."
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