Khalid Al-Falih
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Saudi, Iraq Oil Ministers Agree to Stronger Oil-Cuts Commitment
EghtesadOnline: OPEC’s two biggest producers agreed to strengthen their commitment to production cuts and maintain balance in world crude markets, Saudi Energy Minister Khalid Al-Falih said after…
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Saudi's Falih Sees No Need to Alter Oil-Cuts Deal, Interfax Says
EghtesadOnline: Saudi Arabia doesn’t see any need for changes to the oil-cuts deal agreed on by OPEC and its allies last month in Vienna, Oil Minister Khalid Al-Falih said, according to Interfax.
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Cheer Up, OPEC: Oil Price Slump May Yet Prove to Be ‘Knee Jerk’
EghtesadOnline: Saudi Arabia’s Energy Minister Khalid Al-Falih said he had no interest in the “knee jerk” reactions of the oil market when crude prices collapsed on Thursday as he sought to explain…
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Saudi Oil Minister Says Output Cuts May Extend Beyond Second Half of 2017
EghtesadOnline: Saudi Arabia’s oil minister said he is confident that an agreement by oil producers to curb output and shrink a market glut will be extended into the second half of the year and…
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Oil Veteran Says OPEC Needs Year to Pull Off Elusive Mission
EghtesadOnline: OPEC needs a year more to accomplish what’s at the moment proving to be mission impossible, according to a veteran oil analyst.
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Saudi Arabia Says Oil-Supply Cuts May Be Extended If Needed
EghtesadOnline: OPEC and its allies may prolong production cuts after they expire in June if the world’s crude inventories remain excessive, Saudi Arabia’s Energy Minister said.
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Saudi Arabia Plans the World’s Cheapest Power With Solar and Wind
EghtesadOnline: Saudi Arabia will award its first tender to build 700 megawatts of solar and wind energy in September, with the cost of power forecast to be the lowest in the world, Energy Minister…
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Saudis See No Need to Extend OPEC Deal Beyond Six Months
EghtesadOnline: OPEC probably won’t need to extend a deal it reached with other crude producers to cut output, given compliance with the reductions and the outlook for an increase in global demand,…
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Saudi Oil Output Drops Under OPEC Quota Close to Two-Year Low
EghtesadOnline: Saudi Arabia has reduced oil production to less than 10 million barrels a day, below its targeted level, and will consider renewing its pledge to cut crude output in six months,…
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Saudi Oil Minister Sees Commitment to Cuts Ending Glut in Months
EghtesadOnline: OPEC and other major oil producers are committed to a “high level of compliance” with their agreements to cut output, and the shared strategy will balance the market in 2017,…
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Saudi Oil Minister Sees Commitment to Cuts Ending Glut in Months
EghtesadOnline: OPEC and other major oil producers are committed to a “high level of compliance” with their agreements to cut output, and the shared strategy will balance the market in 2017,…
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Saudi Minister Jolts Oil Market in Whatever It Takes Moment
EghtesadOnline: Saudi Oil Minister Khalid Al-Falih emerged from the OPEC meeting room on Saturday evening having endured months of secret petro-diplomacy, late-night phone calls and, a few times,…
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Saudi will continue to meet global oil demand: energy minister
EghtesadOnline: Saudi Arabia's energy minister Khalid al-Falih said on Wednesday the kingdom is committed to meeting global oil demand, including from the United States, state news agency SPA…
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Saudis See Oil-Freeze Deal Possible in November, Not This Week
EghtesadOnline: A deal by major oil exporters to freeze output may have to wait another couple of months.
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Saudi Oil Minister Says No Need Now to Freeze Crude Output
EghtesadOnline: There is currently no need to limit oil output, Saudi Energy Minister Khalid Al-Falih said on Monday, after signing an energy agreement with his Russian counterpart Alexander…