Name: Saudi Arabia's Stance On Crude Oil Volatility
Uploaded: 2022-08-23T22:31:05.513
Duration: 11 min 59 s

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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.