King: Riyadh interested in stabilizing the oil market

King: Riyadh interested in stabilizing the oil market


Saudi Arabia follows a balanced policy towards the oil market and protect the interests of present and future generations, said the Saudi king.

CAIRO, 23 Dec. Riyadh is interested in stabilizing the oil market and pursues a balanced policy, reported in the official Twitter account of the Consultative Council (Majlis al-Shura) of Saudi Arabia with reference to the king of the country.

“The Kingdom is interested in stabilizing the oil market and adheres to a balanced policy that protects the interests of present and future generations” — are the words of the monarch in the message.

The king of Saudi Arabia Salman bin Abdulaziz al Saud on Wednesday delivered his annual address to the consultative Council (Majlis al-Shura).