April 11, 2018 / 4:05 AM / 3 months ago

Saudi Oil Minister Al Falih says happy with oil market at present

NEW DELHI (Reuters) - Saudi Arabia’s Oil Minister Khalid Al Falih said on Wednesday that he was happy with the oil market at present.

Saudi Arabian Energy Minister Khalid al-Falih speaks during an interview in Washington, DC, U.S. March 22, 2018. REUTERS/Valerie Volcovici

When asked if he was pleased with the current oil market, Al Falih replied, “Yes, I am.”

Al Falih was in New Delhi attending the International Energy Forum.

Global benchmark Brent crude oil futures were trading at $70.78 a barrel at 0342 GMT.

Editing by Christian Schmollinger

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