© Reuters. Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo

DUBAI (Reuters) – OPEC Secretary General Haitham Al Ghais said on Tuesday Saudi Arabia’s decision to postpone its capacity expansion plans should not be translated to mean there is a view that demand is falling.

“First of all I want to be clear I cannot comment on a Saudi decision… but this is in no way to be misconstrued as a view that demand is falling,” Al Ghais told Reuters in an interview in Dubai on the sidelines of the World Governments Summit.

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