Khalid Al-Falih

Khalid al-Falih: oil price may exceed $100

 There is no guarantee that the oil price will not exceed $100 per barrel next year, the Saudi energy minister Khalid al-Falih said. "I cannot give you a guarantee, because I cannot predict what will happen to …

US and Saudi Arabia discuss sanctions against Iran

US State department officials met with Saudi Energy Minister Khalid al-Falih in Jeddah to discuss maintaining a well-supplied oil market to guard against volatility and coordinating oil sanctions against Iran, US State …

Saudi Arabia hopes Russia to join OPEC

Saudi Arabia expects that Russia will soon apply for membership in OPEC, the country’s minister of oil Khalid al-Falih said today. "We invited Russia as an observer and associate member, and we hope that they will consider …

Saudi's Falih: world needs 1 mln bpd extra oil supply

The world faces a large oil supply deficit in the second half of 2018 and hence releasing additional supplies of around 1 million barrels per day is required to prevent a market squeeze, Saudi Energy Minister Khalid al-Falih …