Saudi Aramco CEO Amin Nasser spoke with reporters:

  • Says they country will continue to increase production
  • And prices will rise
  • "Our strategy is to meet the [demand] on Saudi Aramco ... If it means we need to increase our output, we will do it."
  • "Supply and demand will come into balance by the end of the year, or first quarter next year. Prices will trend higher when that happens."

via CNN

Amin Nasser. 'Cause he can't spell Eamonn.