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Saudi energy minister: Omicron impact on oil demand not clear yet

Saudi energy minister: Omicron impact on oil demand not clear yet
Petrol vehicle/Pixabay

The Arab News reported that Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said, the impact of Omicron, a new variant of COVID-19, on oil demand is not clear yet.




Map of Saudi Arabia/Pixabay Map of Saudi Arabia/Pixabay

The prince told Arab News on the sidelines of an Aramco ceremony in Dhahran, OPEC and its partners (OPEC+) has moved its joint technical committee meeting to Wednesday and the joint ministerial monitoring committee meeting to Thursday to have more time in assessing the new variant’s impact.


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When asked whether OPEC+ will change production target of 400,000 barrels per day a month due to the virus, he said “let's keep everyone on their toes and nails.”


Source: arabnews

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