The Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi expressed always optimism along with the Ministers of Energy and Petroleum of Gulf Cooperation Council (GCC) for Arab States about oil prices due to the goodwill of the GCC States. In a press statement here yesterday evening after the opening of 2nd Petroleum Media Forum of Gulf Cooperation Council (GCC) for Arab States, he said, "The GCC countries in the past and present have maintained very hard and seriously for balancing oil prices and their stability, and the prices are set by the market." Minister Al-Naimi added, "The forum is a blessed gesture aiming at professionalism as much as possible, and to defend the positions of the GCC countries in this economic important sector, and to correct what is said about our intention, and we are not against any one; we are with everyone in supporting the stability of the market and in support of maintaining the balance between supply and demand; but as for the prices, they are set by the market. And what we saw today will be supportive for the Gulf petroleum media personnel to practice this profession." --More 12:13 LOCAL TIME 09:13 GMT تغريد
