Saudi Oil Minister Khalid al-Falih speaks during the opening of Baghdad International Exhibition, Baghdad, Iraq October 21, 2017. REUTERS/Khalid al-Mousily
BAGHDAD (Reuters) - The global oil market is improving and stabilising as oil exporting nations are fully complying with an agreement to curb supply in order to lift crude prices, Saudi Oil Minister Khalid al-Falih said in Baghdad on Saturday.
The secretary general of the Organisation of the Petroleum Exporting Countries, Mohammad Barkindo, on Oct. 3 said compliance with the output cut deal by OPEC and non-OPEC nations was "extremely high".
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