NEW YORK – Oil prices rose 1 percent on March 11, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June.
Reuters: Oil gains 1 percent as Saudi minister stands by OPEC output cuts
Khalid Al-Falih, Saudi Energy and Oil Minister and Chairman of OPEC's Joint Ministerial Monitoring Committee (JMMC), speaks to journalists during the 10th JMMC meeting in Algiers on Sept. 23, 2018.
