Saudi Oil Minister Ali al-Naimi said on Monday the world's top exporter was willing to supply markets with more crude oil in case any shortage arises, if the crisis between Russia and the West over Ukraine worsens.
Speaking on the sidelines of a conference in Seoul, Naimi also said $100 a barrel was a fair price for oil.
100 dollars is a fair price for everybody - consumers, producers, oil companies.
It's a fair price. It's a good price.
European Union foreign ministers added 13 people to their visa ban and asset freeze list over Ukraine's crisis.
Well that’s the voting over, and no surprises so far. A ‘Yes’ vote claimed to be 89% in Donetsk, and suddenly Ukraine is no more.
Nearly 90 percent of voters in eastern Ukrainian region voted for self-rule, the head of the separatist election commission said.