The Saudi Energy Minister, Prince Abdulaziz bin Salman, stated that the Saudi and Russia-led oil producers' alliance, known as OPEC+, is prepared to wait for "real numbers" before adjusting oil production policies. The alliance has already agreed to remove 2 million barrels per day of production from the market, with additional voluntary declines by some members. Prince Abdulaziz emphasized the importance of a precautionary approach and stated that OPEC+ can take further coordinated production action if necessary. He also highlighted the commitment of OPEC+ countries to addressing climate change and using all sources of energy. The article also mentions the recent conflict between Israel and Hamas and its potential impact on crude markets.

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