Khalid al-Falih

Headlines

Asian Energy Firms Lead Market Gains On Hopes For Oil Ouput Cut

Energy shares led a broad rally across Asian markets on Monday as oil prices were boosted by growing hopes that an...

Headlines

Saudi Minister Confident of Oil Cut Extension

Saudi Arabia's energy minister expressed confidence on Sunday of extending a global cut in oil production designed to...

Headlines

Russia, Saudi Call For Oil Output Deal Extension

The world's biggest oil producers Russia and Saudi Arabia on Monday called for extending an output reduction deal ahead...

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

Headlines

Oil Producers ‘might Have To’ Extend Output Cuts

Saudi Arabia's energy minister said on Thursday that oil-producing countries might have to extend output cuts agreed...

Headlines

Saudi Cuts Taxes On Oil Firms Ahead of Aramco Sale

Saudi Arabia on Monday cut taxes on oil companies in a major move that could attract investments in its energy giant...

International

Titans of Oil World Meet In Houston After Two-Year Price War

The biggest names in the oil world come together this week for the largest industry gathering since the end of a...

International

Russia To Decide In April-May If Global Oil Deal Should Be Extended

File image, A view shows an oil derrick and other facilities at Vankorskoye oil field Russia will decided in April or...

International

Oil Shipments Show That OPEC Is Sticking To Its Cuts

Oil supplies from OPEC are plunging this month as the group implements production cuts aimed at erasing a global...

International

OPEC, Non-OPEC Agree First Global Oil Pact Since 2001

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a...

Business

Oil Extends Slide Below $46 On Skepticism Over Opec Output Deal

Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut...

International

Oil Pinned Near Three-Month Lows As Gloom Grows Over OPEC

Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak prices...

Opinion

OPEC Agrees Surprise Oil Output Cut

Algiers (AFP) - The Organization of Petroleum Exporting Countries (OPEC) agreed Wednesday to cut oil production,...