Saudi Petroleum Minister Ali Naimi issued a statement via the official Saudi Press Agency on 10 Sept saying that Saudi Arabia is concerned about rising oil prices. Mr Naimi added: “Saudi Arabia will, as always, take all necessary steps to ensure the market is well supplied and to help moderate prices – and we will meet any additional demand from our customers. We will continue to work in collaboration with other Gulf Cooperation Council nations, and with OPEC to defend the stability of the oil market.”