Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55384688
Caption:

Saudi Arabian Energy Minister Khalid al-Falih attends a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg, Russia July 24, 2017. Reuters

Saudi-Russian Scenario to Extend OPEC Agreement till End of 2018

by Wael Mahdi | Oct 6, 2017 | Business

Kuwait- Russia and Saudi Arabia’s remarks Thursday have revived oil markets and hopes of another year of trying to rebalance the oil market after the Kingdom showed its support for the Russian proposal to extend the current global agreement between oil-producers until...

Media ID: 55375675
Caption:

Saudi Energy Minister Khalid al-Falih attends a session of the St. Petersburg International Economic Forum (SPIEF), Russia, June 2, 2017. (Reuters)

Saudi Energy Minister: Aramco to Internationally Invest in Gas, LNG Production

by Asharq Al-Awsat | Jun 4, 2017 | Business

St. Petersburg – Saudi Aramco will globally invest in the production of gas and liquefied natural gas (LNG), according to Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Falih. Speaking at the 21st St. Petersburg International Economic Forum (SPIEF)...

Media ID: 55371530
Caption:

A pump jack stands idle in Dewitt County, Texas January 13, 2016. (Reuters)

Oil Output Cuts between Saudi Wish and Russian Hopes

by Sabri Najeh | Apr 13, 2017 | Business

Cairo – After the success achieved by the Organization of the Petroleum Exporting Countries (OPEC) in cutting down oil output, Saudi Arabia told OPEC officials it wants to continue output cuts for an additional six months – however with every oil agreement,...

Media ID: 55367579
Caption:

An employee pumps petrol into a car at a petrol station in Hanoi, Vietnam December 20, 2106. REUTERS/Kham

Oil Rises after Reports on OPEC Extending Supply-Reduction Pact

by Asharq Al-Awsat | Feb 17, 2017 | Business

London- Oil prices ended modestly higher on Thursday after sources said the Organization of the Petroleum Exporting Countries (OPEC) may consider extending its oil supply-reduction pact with non-members and might even apply deeper cuts if global crude inventories...

Media ID: 55360703
Caption:

Saudi Arabia’s Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna, Austria, June 2, 2016/. Reuters

GCC-Russian Energy Meeting to Discuss Oil Market Stability

by Asharq Al-Awsat | Oct 23, 2016 | Business

Riyadh- Saudi Capital, Riyadh, is hosting on Sunday a GCC-Russian energy meeting to discuss latest developments in the oil market and tackle prospects of cooperation between Arab Gulf states and Russia in fields of energy. Minister of Energy, Industry and Mineral...