Saudi Arabia: Patience Is A Virtue In Oil Markets

“Is it not time to add more barrels than OPEC is already providing?” was the question posed to HRH Prince Abdulaziz bin Salman by journalist Ryan Chilcote at Russian Energy Week. But his answer offered the energy markets a much bigger message. Balance is Coming While he didn’t answer yes or no, his response certainly suggested that whatever OPEC+ was doing is precisely what it will continue to do. “By end of this year, we will be at balanced stocks,” Prince Abdulaziz assured the forum, adding that the long game is…