
Kuwait’s Oil Minister, Tariq Al-Roumi, stated on Thursday that OPEC is closely observing global oil market developments, including supply and demand dynamics, as well as recent comments made by US President Donald Trump regarding Russian oil.
“We are monitoring the market through OPEC in terms of supply and demand, and we are monitoring the US President’s statements,” Al-Roumi told reporters.
He added that he anticipates oil prices will remain below