Khalid Al-Falih - Eagle News

Tag: Khalid Al-Falih

US energy secretary meets Saudi counterpart after OPEC cuts

December 11, 2018

RIYADH, Saudi Arabia (AFP) — Saudi Arabia’s energy minister held talks Monday with US Energy Secretary Rick Perry, after the kingdom and its allies defied US pressure to cut oil production in a bid to prop up prices. They discussed the “state of the oil market” and energy cooperation between the two countries during a meeting in eastern Dhahran city, the minister, Khalid al-Falih, said on Twitter. Perry tweeted that he discussed the need for […]

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Saudi says $60 oil ‘not unthinkable’ by year-end

October 10, 2016

ISTANBUL, Turkey (AFP) — Saudi Arabia said on Monday it was “not unthinkable” that the price of crude oil could surge to $60 a barrel by the end of the year but warned against drastic production cuts that might shock markets. Speaking in the opening keynote speech at the World Energy Congress in Istanbul, Saudi Energy Minister Khalid Al-Falih said that whatever the oil price the kingdom was in good shape to implement its reform […]

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