Saudi repeats would need cooperation to improve oil prices

April 13, 2015 2:23 PM

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Saudi repeats would need cooperation to improve oil prices

KHOBAR, Saudi Arabia (Reuters) - The cabinet of top oil exporter Saudi Arabia reiterated on Monday that the kingdom would not act alone in restoring the stability of the oil market and improving prices, state news agency SPA said after a weekly cabinet meeting.

"The cabinet renews in this context the kingdom’s affirmations that it remains willing to participate in restoring market stability and improving prices in a reasonable and acceptable manner," the cabinet said in a statement.

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