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Oil

Prince Abdulaziz urges caution, ‘too early to declare victory against COVID-19’

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Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said on Wednesday that it was too early to declare victory against the COVID-19 virus and that oil producers must remain “extremely cautious.”

“We are in a much better place than we were a year ago, but I must warn, once again, against complacency. The uncertainty is very high, and we have to be extremely cautious,” he told an energy industry event.

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“Those who are trying to predict the next move of OPEC+, to those I say, don’t try to predict the unpredictable.”

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