Saudi State Minister for Foreign Affairs, Adel Al-Jubeir on Oil Market, Output

The transcript discusses the Kingdom's approach to managing oil supply and demand, emphasizing its policy of ensuring adequate crude oil supply in collaboration with OPEC partners. It highlights the impact of geopolitical events, such as Russia's invasion of Ukraine, on oil prices, driven by fear and speculation rather than actual supply shortages. The Kingdom aims to maintain market equilibrium and reassesses its position continuously to address market needs.

What challenges does the Kingdom face in managing market emotions and speculation?

How does the Kingdom ensure that the energy markets are adequately supplied?