Gulf Times - Khalid-al-Falih
Ministers positive on Opec, non-Opec oil output cuts

Ministers positive on Opec, non-Opec oil output cuts

Energy ministers from Opec and non-Opec countries meeting in Vienna have struck a positive note regarding their agreement to cut oil output as a committee set to monitor compliance with the deal meets for the first time.

Saudi pledges adherence to oil cut, confident others will

Saudi pledges adherence to oil cut, confident others will

Saudi Arabia will adhere strictly to its commitment to cut output under the global agreement among oil producers, its energy minister said on Monday, expressing confidence that Opec's plan to prop up prices would work.

Saudi minister says impact of oil deal on market to take time

Saudi minister says impact of oil deal on market to take time

Saudi Arabia's Energy Minister Khalid al-Falih said on Wednesday it would take some time for the market to recover after a global oil deal between Opec and rival producers to limit supplies.

Opec agrees first output cut since 2008

Opec agrees first output cut since 2008

Opec has agreed its first limit on oil output since 2008, an Opec source told Reuters after Saudi Arabia said it was prepared to accept "a big hit" on production and agree to arch-rival Iran freezing output at pre-sanctions levels.

Saudi energy minister to attend oil talks in Doha

Saudi energy minister to attend oil talks in Doha

Saudi Arabian Energy Minister Khalid al-Falih is expected to travel to the Qatari capital, Doha, this week for meetings with oil-producing countries on the sidelines of an energy forum, three sources familiar with the matter said.

Oil market balancing: Saudi says non-OPEC countries willing to help

Oil market balancing: Saudi says non-OPEC countries willing to help

Saudi Arabia's Energy Minister Khalid al-Falih will not attend meetings on Wednesday between OPEC and non-OPEC countries in Istanbul but told Reuters he saw signs that countries outside OPEC were willing to contribute to balancing the oil market.

Russia says oil market talks with Saudi developing

Russia says oil market talks with Saudi developing

Russia, the world's top oil producer, is consulting with Saudi Arabia and other producers to achieve oil market stability, Energy Minister Alexander Novak said.

Saudi minister hopes slower global growth won't hit oil demand

Saudi minister hopes slower global growth won't hit oil demand

Saudi Arabia hopes that slower global growth will not trigger a fall in the current healthy demand for oil, Energy Minister Khalid al-Falih told a German newspaper in an interview, adding oil prices of around $50 per barrel were too low.

Saudi Arabia to maintain stable petroleum policies

Saudi Arabia to maintain stable petroleum policies

Saudi Arabia's new energy minister said on Sunday the world's largest crude exporter was committed to meeting demand for hydrocarbons from its customers and would maintain its petroleum policies.