Tag: Saudi energy minister

Saudi energy minister says OPEC close to agreeing oil pact extension

By on • ( Leave a comment )

ST PETERSBURG – Saudi Arabia said on Friday that OPEC and its allies should extend oil production cuts at around current levels as the kingdom did not want a fight for market share with the United States or a repeat of the price collapse five years ago. Saudi […]

Saudi energy minister concerned about oil price volatility

By on • ( Leave a comment )

ABU DHABI, United Arab Emirates — Saudi Arabia’s energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86. “I think what we need to do is narrow the range … of […]

Headlines