Saudi Arabia’s oil minister broke months of silence on Wednesday to speak publicly about the Gulf nation’s stance on the oil market and dismiss claims that it had triggered a “price war”. Ali al-Naimi kept quiet on whether Saudi Arabia would cut output to remove surplus oil from the market in response to dramatically lower Brent crude prices, which are now around the $80 a barrel mark – a four-year low. But he said the country was working “with other producers to ensure price stability for the interest of producers, consumers and the industry at large”, according to Reuters. Oil market watchers have been holding out for comments from the minister of Opec’s largest producer ahead of a gathering of the cartel’s members later on this month. […]