 |
Al-Naimi optimistic oil market will stabiliseSaudi Oil Minister Ali Al-Naimi said on Sunday that it would take "some time" to restore stability to the global oil market but he remained optimistic about the future. Al-Naimi's comments came even as Iran said it w More… |
 |
Saudi king keeps close hand on oil in new strategic teamSaudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the king's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed. More… |
|
Saudi king keeps close hand on oil in new strategic teamSaudi Arabia's subtle change of energy policymaker line-up since the accession of new King Salman in late January appears to give the king's inner circle a firmer hand on the kingdom's oil strategy than previous rulers have enjoyed. More… |
 |
Saudi oil market strategy beginning to pay offOpec kingpin Saudi Arabia is feeling vindicated after a strategy of allowing oil to flood the market has begun to achieve what it was aiming for. As a global oil glut pushed prices down 60 per cent between June 2014 and January 20 More… |
 |
Saudi oil minister holds talks with US energy deputySaudi Oil Minister Ali Al-Naimi met US Deputy Energy Secretary Elizabeth Sherwood-Randall on Tuesday in Riyadh where they discussed oil markets, the official Saudi Press Agency (SPA) reported. SPA gave no specific details about th More… |
 |
Oil sees biggest gain in 2 years as bears book profitsOil closed up as much as 5 per cent on Friday, its biggest gain in over two years, as some traders took profits on short positions after prices this week hit their lowest since 2009. A sharp bout of short-covering prior to expiry More… |
 |
Oil edges up toward $65, but Saudi stance cuts gainsBrent crude ticked higher on Thursday but remained below $65 per barrel, and not far above five-year lows hit in the previous session, with the market's bearish tone largely intact. Comments by the Saudi Arabian oil minister s More… |
 |
Saudi Arabia to double natural gas productionSaudi Arabia, the world's top oil exporter, will double its natural gas output by 2030 but plans to keep all of it at home to fuel domestic growth, the country's oil minister said on Wednesday. "Within the next decade More… |
 |
Saudi will meet oil demand to help check pricesSaudi Arabia will continue to meet any additional oil demand and help moderate prices, but the recent surge in crude prices is not due to any supply shortfall, Saudi Oil Minister Ali Al-Naimi said on Monday. "Saudi Arabia is More… |
 |
Time to focus on downstream says Al-NaimiTop oil exporter Saudi Arabia must reduce its reliance on crude sales revenues and develop its downstream industry to shield its economy from international market volatility, the kingdom's oil minister said on Tuesday. "Oil, as we all know More… |
