Saudi Arabia warns speculators ahead of OPEC+ meeting

Saudi Arabia warns speculators ahead of OPEC+ meeting

DOHA –

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said on Tuesday he would keep short sellers “ouching” and told them to “watch out”, days before a planned OPEC+ meeting to decide on future oil policy.

“Speculators, like in any market they are there to stay, I keep advising them that they will be ouching, they did ouch in April I don’t have to show my cards I’m not a poker player … but I would just tell them watch out,” he told the Qatar Economic Forum organised by Bloomberg.