Saudi Energy Minister Khalid al-Falih said OPEC is taking a targeted approach to supply reduction by responding directly to President Donald Trump's comments earlier in the week saying oil maker should be granted . "We understand it easily," he told CNBC Dan Murphy at the OPEC Symposium in Riyadh when asked about the tweed of the US president.
25 countries are taking a very slow and measured approach. As the second half of last year proved, we are primarily interested in market stability. "
On Monday, Trump presented the latest tweed series of targeted OPEC cuts agreed between cartel members and non-allies in December last year to resist the fall in oil prices and rising stocks
"Oil prices are getting too high. OPPE, please relax and calm down. The world can not take on pricing ̵