World
Saudi energy minister says hopes to balance oil market before next year
News Desk
2019-06-16
KARUIZAWA: Saudi Energy Minister Khalid al-Falih said on Saturday that he hopes oil producers will be able to balance the...
World
Oil markets tighten, brent approaches 60 per barrel
News Desk
2017-10-27
SEOUL: Oil prices inched up on Friday, with Brent crude approaching $60 a barrel, amid tightening market expectations buoyed by...
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Saudi Energy Minister responds on OPEC performance
News Desk
2016-06-02
VIENNA: Saudi Arabia’s energy minister Khaled al-Falih claimed that OPEC is very satisfied with oil market due to its rebalancing...
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Russia and Saudi Arabia agree to freeze oil output at current levels to keep prices stable
News Desk
2016-02-17
DOHA: Russia and Saudi Arabia agreed for joint efforts to freeze oil production to keep prices at current level. Saudi...