Saudi energy minister: We"re determined to meet oil demand

The Saudi energy minister said on Sunday that effective oil supply cuts by OPEC and its allies, a group known as OPEC+, will amount to 12.5 million barrels per day, because of higher output in April from Saudi Arabia, the United Arab Emirates and Kuwait......»»

Russian Energy Minister Alexander Novak and Saudi Energy Minister Prince Abdulaziz bin Salman will chair an OPEC and non-OPEC online meeting later on Sunday, the Azerbaijan energy ministry said......»»

The Saudi energy minister told a conference of the G20 group of the world's largest economies on Friday that ensuring affordable energy supply is key to facilitating a global economic recovery......»»

Saudi Arabia's energy minister said on Friday that a final OPEC+ oil supply pact to reduce 10 million barrels per day (bpd), which was agreed on Thursday, hinges on Mexico joining in the cuts......»»

Russian Energy Minister Alexander Novak said on Thursday that all the leading global oil producers should join their efforts to tackle falling oil demand......»»

The Saudi energy minister on Saturday rejected Russia's remarks that the kingdom withdrew last month from a deal to cut output......»»

Russian Energy Minister Alexander Novak said on Thursday that Moscow may return to oil talks with Saudi Arabia......»»

U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»

U.S. President Donald Trump said he has invited U.S. oil executives to the White House to discuss ways to help the industry "ravaged" by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia......»»

The U.S. Energy Department on Wednesday urged Saudi Arabia and Russia to calm oil markets after the kingdom's crude supply rose to a record of more than 12 million barrels per day even as oil demand falters on the coronavirus pandemic......»»

Global oil demand is in freefall because of the coronavirus pandemic, a situation that is exacerbated by the price war between Saudi Arabia and Russia, the head of the International Energy Agency said......»»

Oil prices fell on Wednesday after Saudi Arabia and the United Arab Emirates announced plans to boost production capacity and OPEC and the U.S. Energy Information Administration (EIA) slashed oil demand forecasts because of the coronavirus outbreak......»»

Saudi Arabia and Russia have so far failed to reach an agreement to cut oil production even with COVID-19 expected to significantly hurt energy demand this year, putting the more than three-year-old alliance between the two major oil producers at risk......»»

Determined to meet Bezos’s demand for Tesla-size government handouts, the HQ2 team became victims of their own hubris......»»

Determined to meet Bezos’s demand for Tesla-size government handouts, the HQ2 team became victims of their own hubris......»»

Determined to meet Bezos’s demand for Tesla-size government handouts, the HQ2 team became victims of their own hubris......»»

Saudi Arabia’s Energy Minister said the kingdom has taken all precautions to ensure the safety of oil facilities after recent strikes in Iraq......»»

Saudi Aramco said it netted an additional $3.8 billion from its record initial public offering as it sold more shares to meet investor demand, boosting Crown Prince Mohmmed bin Salman’s war chest to reshape the country’s oil-dependent economy......»»

Saudi Arabia's energy minister said on Wednesday the Khafji oil field which is jointly operated with Kuwait would produce 320,000 oil barrels per day (bpd) at the end of 2020, Saudi-owned al-Arabiya TV reported......»»

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