Falih ... freezing not necessary
Saudi energy minister says oil output freeze not necessary
RIYADH, September 5, 2016
Saudi Arabian energy minister Khalid Al Falih said that freezing output is not "necessary" for the time being after signing a cooperation pact with Russia.
"Freezing (production levels) is one of the preferred possibilities but it's not necessary today," Falih told the Saudi-owned Al Arabiya TV after a news conference with his Russian counterpart in China.
"The market is getting better and we have noticed that prices reflect this (improvement)," he said. -- Reuters
