Saudi Arabia is 'not comfortable' with oil prices and is concerned about their effect on global...

|By:, SA News Editor

Saudi Arabia is 'not comfortable' with oil prices and is concerned about their effect on global economic growth, says Khalid al-Falih, the CEO of state-owned Saudi Arabian Oil. The kingdom will maintain a 'sizable cushion' of 3M-4M barrels a day of idle capacity, he says. Crude -0.1% at $112.17.