Oil market 'comfortable' with violence risk: Saudi
 

[IMG]https://s.yimg.com/bt/api/res/1.2/e510FG8ydUCsrft5rFHBig--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en-AE_XE/News/AFPEco**micEn/cbdd079785236c708d2cf97cb09a002d2f7aba44.jpg[/IMG]Recent unrest in the Middle East and **rth Africa has little impact on oil prices because the market has become "comfortable" with risk, Saudi Arabia's Oil Minister said Wednesday. Questioned about ongoing violence in Iraq, Libya, Yemen and also Saudi Arabia, Ali al-Naimi replied that there was "very, very small" risk premium in the current oil price. "This premium is there but fortunately the world is getting very comfortable with the risk," said Naimi, addressing an OPEC seminar before the cartel's output meeting on Friday.




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