UK's Johnson says Saudi Arabia understands need to stabilise oil markets

LONDON – British Prime Minister Boris Johnson stated on Wednesday there was an understanding in Saudi Arabia of the necessity to guarantee stability in international oil and gasoline markets, following a gathering with Saudi Crown Prince Mohammed bin Salman.

Requested by a reporter if Saudi Arabia would enhance output to sort out hovering crude oil costs, he replied: “I feel you’d want to speak to the Saudis about that. However I feel there was an understanding of the necessity to guarantee stability in international oil markets and gasoline markets,” he stated.

“A powerful international financial system, a powerful UK financial system … may be very a lot within the pursuits of the oil-producing nations as effectively.”

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