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"People need to go back to Adam Smith and the base (the principles of) economy. It's something in the area of supply and demand ", - the minister said.
He added that the market itself should determine the price of oil. Its current price is the market, stressed al-Dzhubeyr.
"You can not manipulate the market and be able to do it systematically," - said the head of the Saudi Ministry of Foreign Affairs.
According to him, when rendering will have to pay a huge price. He also said that the Middle East conspiracy theories describe the actions of the great powers, and in the West in conspiracy theories mentioned oil-producing countries.
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