Saudi oil minister: 'We don't want anything that creates volatility in the market'

Saudi Arabia's Oil Minister Ali al-NaimiREUTERS/Heinz-Peter BaderSaudi Arabia’s Oil Minister Ali al-Naimi talks to journalists before a meeting of OPEC oil ministers at OPEC’s headquarters in Vienna November 27, 2014.

Saudi Arabia’s Oil Minister Ali al-Naimi said on Wednesday that oil markets are settling.

“We don’t want anything that creates volatility in the market,” Naimi told reporters on the sidelines of a conference in the port city of Jizan, southwest Saudi Arabia.

(Reporting by Rania El Gamal and Reem Shamseddine; Editing by Dale Hudson)

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