Saudi Arabia's King Salman decided on Sunday that his son, Prince Abdulaziz bin Salman (pictured left) will be the country's energy minister, thus replacing Khalid al-Falih (pictured right), according to Saudi state media.
Al-Falih had served as the Saudi energy minister since 2016. Earlier this...
Saudi Arabia's Energy Minister Khalid al-Falih confirmed on Monday that he stepped down from his position as chairman of state oil giant of Saudi Arabian Oil Co. or Saudi Aramco.
In a tweet announcing the news, al-Falih confirmed that he would be replaced by the head of the Public Investment...
The agreement between Saudi Arabia and Russia to extend the production cuts within the OPEC+ format will make sure oil markets are stable, Saudi Energy Minister Khalid al-Falih said in a tweet.
Al-Falih said: "Once again, the agreement confirms that the Saudi-Russian partnership paves the way...
Saudi Arabia's Energy Minister Khalid al-Falih stated on Sunday that he hopes that the Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers will reach a new agreement on the extensions of the existing output cut deal at the beginning of July. Speaking to the press...
Saudi Energy Minister Khalid al-Falih told reporters on Saturday that OPEC and other major producers are hoping to balance the oil market before the start of 2020.
"We hope that we will balance the market before next year. We are working on it," Al-Falih said on the sidelines of a meeting of G20...
Crude increased gains on Friday on indication from the representatives of Saudi Arabia and Iraq, major producers within the Organization of the Petroleum Exporting Countries, that they would back a proposal to prolong the output caps agreed with the bloc of partners led by Russia to be in...
Prices of crude futures turned to losses on Monday after Saudi Energy Minister Khalid al-Falih stated that OPEC, together with Russia and other allies, will do keep the global market stable after June when the output cuts expire. "To me, that means drawing down inventories from their currently...
Saudi Energy Minister Khalid al-Falih told Arab News on Monday that the ongoing trade tensions between the United States and China and the introduction of "potential barriers" are certain to negatively affect global oil demand.
However, Al-Falih insisted Saudi Arabia will "play a central role"...
Crude prices increased over 1% on Tuesday as investors digested Saudi Arabia Energy Minister Khalid al-Falih's statement that two pumping stations on the Aramco oil pipeline in the country came "under terrorist attack" by drones carrying bombs. Continuous OPEC+ output cuts and ongoing sanctions...
Two pumping stations on the Aramco oil pipeline in Saudi Arabia came "under terrorist attack," Saudi Minister of Energy Khalid al-Falih (pictured) said on Tuesday, according to local media.
The minister added that these acts were aimed at disrupting oil supplies to the world. Moreover, top Saudi official...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
