Saudi Energy Minister Confident in Reaching Oil Consensus

The transcript discusses the involvement of OPEC and non-OPEC producers in oil production, highlighting the ongoing consultations and efforts to reach a consensus. It mentions the consideration of Libya and Nigeria, while Iran is not explicitly mentioned. The speaker expresses confidence in reaching a reasonable decision that accounts for all circumstances.

What is the current focus of OPEC and non-OPEC producers according to the speaker?

• Expanding market share

• Increasing oil production

• Reducing oil prices

• Moving in the right direction

What is the primary activity expected in the next few days according to the speaker?

• Finalizing agreements

• Conducting consultations

• Increasing production

• Reducing exports

Which countries are specifically mentioned as being considered in the discussions?

• Iran and Iraq

• Venezuela and Russia

• Libya and Nigeria

• Saudi Arabia and UAE

What is the speaker's stance on Iran's involvement in the discussions?

• Iran is the main focus of the discussions

• Iran is excluded from the discussions

• Iran is not mentioned but will be talked to

• Iran is leading the discussions

What is the speaker's expectation regarding the outcome of the discussions?

• A decision that excludes non-OPEC countries

• A decision that increases oil prices

• A decision that is reasonable for all

• A decision that favors OPEC