Saudis confident of supply freeze deal

摘要

Saudi Arabia oil minister Ali Al-Naimi said Tuesday he was confident that major producers, including Iran, would join a pact to freeze production at January levels and ruled out the need to pursue any plans for production cuts. "There is no sense in wasting our time seeking production cuts," Naimi said speaking at IHS CERAWeek in Houston, adding that producers would likely "not deliver" if asked to cut production.