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Aramco CEO: Oil will remain volatile

by ChemOrbis Editorial Team -
  • 26/09/2016 (15:58)
According to media reports, Saudi Aramco’s CEO Amin Nasser said in a conference that despite the recovery in the oil market, it is still weak and will remain volatile in the near future. He also added that companies with strong downstream operations are in a better position.

The comments of Amin Nasser came as the Organization of Petroleum Exporting Countries (OPEC) come together in Algeria for the 15th International Energy forum.

Meanwhile, Algeria’s Energy Minister said that they will not come out of the meeting empty-handed and all options are possible for an oil output cut or freeze.
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