Riyadh/Dubai — Saudi Arabia’s Minister of Investment Khalid al-Falih said foreign direct investment (FDI) increased by 12% in the first…
Browsing: Khalid Al-Falih
New York — Oil prices rose more than 2% on Monday after the new Saudi energy minister, Prince Abdulaziz bin…
Dubai — Saudi Arabia has named Yasir al-Rumayyan, head of the kingdom’s sovereign wealth fund, known as the PIF, as…
Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna
Moscow — Russian Energy Minister Alexander Novak and his Saudi Arabian counterpart Khalid al-Falih discussed cooperation in a global pact…
Oil prices slip as economic worries outweigh tanker tensions. Oil prices fell on Monday after more poor Chinese economic figures fanned
New York — Oil prices edged lower on Monday in volatile trading as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude. Brent crude futures fell 45 cents to $62.84 a barrel by 1:02 p.m. EDT (1702 GMT), after
Moscow — There is a still a risk that oil producers pump out too much crude and prices fall sharply, Russia’s energy minister said on Monday, suggesting Moscow might support an extension of output cuts at a meeting of leading oil producing countries next month. The Organization of the Petroleum Exporting Countries and some non-members
News York — Oil prices turned positive on Tuesday, tracking a rally in global stock markets, with Brent crude recovering…
Oil touches multi-week highs as OPEC signals may extend cuts. Oil prices rose to multi-week highs on Monday as OPEC indicated it was