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Energy

Saudi king says kingdom working to guarantee stable global oil supply

FILE PHOTO: Saudi Arabia's King Salman bin Abdulaziz attends a virtual cabinet meeting in Neom, Saudi Arabia August 18, 2020. Picture taken August 18, 2020. Saudi Press Agency/Handout via REUTERS

RIYADH (Reuters) - Saudi Arabia’s King Salman on Thursday said the kingdom is working to guarantee the stability of global oil supplies to serve both producers and consumers despite COVID-19’s impact on oil markets.

The king gave his remarks virtually in an annual address to the appointed Shura Council, a top governmental advisory body.

Reporting by Marwa Rashad; writing by Raya Jalabi; Editing by Leslie Adler

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