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KARUIZAWA, Japan, June 15 (Reuters) – Saudi Energy Minister Khalid al-Falih said on Saturday that he hoped oil producers would be able to balance the market for oil and gas. oil before next year.
"We hope to balance the market before next year.We are working on it," Falih told reporters on the sidelines of a meeting of ministers of energy and environment. G20 in Karuizawa (Japan), questioned about the current state of the oil market.
Falih said earlier this month that the Organization of the Petroleum Exporting Countries (OPEC) was about to agree to extend a pact to reduce oil supplies beyond June, even though Further negotiations were needed with the non-OPEC countries that participated in the production agreement.
(Report by Yuka Obayashi, edited by Christian Schmollinger)
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