Saudi Arabian oil minister hopes OPEC, allies can ease output curbs in 2019
- 24-Feb-2018
NEW DELHI: Saudi Arabia hopes OPEC and its allies will be able to relax production curbs next year and create a permanent framework to stabilise oil markets after the current supply cut deal ends this year, its oil minister said on Saturday. The Organization of the Petroleum Exporting Countries (OPEC) is reducing output by about […]
Saudi oil minister makes high profile visit to Iraq, calls for oil supply cooperation
- 21-Oct-2017
BAGHDAD: Saudi Oil Minister Khalid al-Falih made a high profile visit to Iraq on Saturday, calling for increased economic cooperation and praising existing coordination to boost crude oil prices. In a speech at the opening of the Baghdad International Exhibition, Falih said cooperation between Iraq and Saudi Arabia contributed to “the improvement and stability we […]