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Saudi Arabia's Oil Minister Falih concerned about future energy supply situation

Reuters  |  NEW DELHI 

By and Alex Lawler

NEW DELHI (Reuters) - The future supply situation for a number of is not reassuring, particularly for crude oil, Saudi Arabia's Minister said on Wednesday.

Investments in are not keeping pace with the demand for fuel, said Falih, in a speech at the International Energy Forum.

However, Falih said he was reassured that there are two dozen producer that remain committed to maintaining stability in the

Falih also commented that the of represents the majority of spare capacity in the world today. The country is the world's biggest

(Editing by Christian Schmollinger)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, April 11 2018. 10:31 IST
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