In an interview with the Saudi state news agency (SPA), the Saudi energy minister said that despite heavy criticism of OPEC+’s recent decision to cut oil output, the cartel’s market predictions have been more accurate than others as they have been based on fundamentals rather than politics. “As I have emphasized multiple times, in OPEC+ we leave politics out of our decision-making process, out of our assessments and forecasting, and we focus solely on market fundamentals. This enables us to assess situations in a more objective…
