Saudi Arabia's Stance On Crude Oil Volatility

Published: Aug. 23, 2022, 10:31 p.m.

b'What are the catalysts driving the crude oil price today? Saudi Arabia\'s energy minister says that recent volatility may push OPEC+ to curb production. "OPEC+ is currently supporting the oil price level. The worst situation for Saudi Arabia would be a dramatic fall in prices as it would affect their economy," says Kurt Nelson. Nelson also weighs in on the natural gas price hitting a 14-year high this week.'