Saudi energy minister: I do not influence oil prices
Saudi Arabia Energy Minister Khalid Al Falih
Algiers - Egypt Today
Saudi Arabia Energy Minister Khalid Al Falih said on Sunday he does not influence oil prices, just two days after U.S. President Donald Trump called on OPEC to bring down the cost of fuel.
"I do not influence prices," Falih told reporters in Algiers ahead of a meeting of OPEC ministers and allies such as Russia to discuss the situation in oil markets.
Benchmark Brent oil reached $80 a barrel this month, prompting Trump to call again on the Organization of the Petroleum Exporting Countries to lower prices.
"We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices! We will remember. The OPEC monopoly must get prices down now!" Trump wrote on Twitter.
Further oil output hike in question
A panel comprised of ministers from OPEC and allied oil producers meeting on Sunday is unlikely to recommend a further increase in crude production from that agreed in June, five OPEC and non-OPEC sources told Reuters.
The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June, sources said.
- Thursday ,13 December GMT 13:33 2018 Assad discusses Syrian constitutional committee with Russian delegation
- Thursday ,13 December GMT 13:29 2018 Erdogan vows Syria offensive as US warns against military action
GMT 15:44 2018 Friday ,14 December
Putin signs decree making Vladivostok capital of RussiaGMT 15:39 2018 Friday ,14 December
Electricity minister receives MANTECH delegationGMT 14:52 2018 Friday ,14 December
Michel Aoun meets Rahi in BaabdaGMT 23:02 2018 Thursday ,13 December
Aoun meets UN Special CoordinatorGMT 13:38 2018 Thursday ,13 December
Maduro says meeting with Putin most useful in his careerGMT 13:33 2018 Thursday ,13 December
Assad discusses Syrian constitutional committee with Russian delegationGMT 13:29 2018 Thursday ,13 December
Erdogan vows Syria offensive as US warns against military actionGMT 15:27 2018 Wednesday ,12 December
King Abdullah II discuss cooperation with EU countriesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 12:48 2018 Friday ,14 December
9.8 million dislikes: YouTube's most-hated video is now 'Rewind 2018'
GMT 13:29 2018 Friday ,14 December
Turkey targets military over alleged Gulen links
GMT 00:16 2017 Monday ,20 February
Brazil’s Rousseff suspended, faces impeachment trial
GMT 14:21 2018 Wednesday ,12 December
Google has no plans 'right now' for search engine in China
GMT 15:56 2018 Tuesday ,11 December
About 2,000 people evacuated from Moscow’s Sklifosovsky hospital over bomb threat
GMT 09:37 2018 Friday ,05 October
Yasser Habib, the Emirati singer talks Gandhi and Indian music
GMT 07:54 2018 Thursday ,04 October
100 days at the wheel ... Saudi women drivers feel exhilarated
GMT 13:05 2018 Sunday ,16 September
Rugby Africa Regional Sevens: Algeria reaches semifinal
GMT 11:10 2018 Monday ,15 January
UAE says Qatari fighter jets 'intercept' passenger plane
GMT 10:27 2017 Saturday ,06 May
Lions roar to seventh
GMT 09:51 2017 Saturday ,03 June
Nour finished filming her scenes in “Jackpot”
GMT 14:11 2018 Tuesday ,11 December
Cosmonauts will use special water during long space missions
GMT 20:39 2018 Wednesday ,05 December
Armageddon avoided? Scientist doubts Solar Cycle 25 will ravage GPS-dependent economy
GMT 06:40 2018 Sunday ,02 December
Teenage quick Shaheen Afridi set for Test baptism
GMT 13:27 2018 Wednesday ,14 November
Haifa Wehbe to perform at Dubai’s Gotha Club
GMT 10:22 2018 Thursday ,01 November
Troubled budget airline Ryanair introduces new hand luggage rules
GMT 08:24 2018 Thursday ,25 October
Barca cruise past Inter without Messi
GMT 06:54 2018 Sunday ,21 October
Messi breaks arm in Barcelona win, Lopetegui under fire as Madrid lose
GMT 10:13 2018 Thursday ,04 October
Jewish settlers take over historic building in Muslim Quarter in Jerusalem
GMT 13:28 2018 Wednesday ,26 September
Free car repairs on Abu Dhabi roads
GMT 11:41 2018 Friday ,21 September
U.N. Chief Urges Myanmar Government To Free Reuters Journalists
GMT 10:57 2018 Friday ,21 September
Syria al-Salam Marathon kicks off in different provincesGMT 14:11 2011 Saturday ,30 July
Bahrain To Host MEOS 2011 Under HRH the Premier\'s Auspices
GMT 14:01 2017 Sunday ,22 January
Fiery Warner helps Australia seal ODI series win over Pakistan
GMT 12:48 2017 Sunday ,12 March
Woman activist blames MB for working to undermine NCW
GMT 10:48 2018 Monday ,22 January
Relieved Rafa survives test as Dimitrov ousts Kyrgios
GMT 14:18 2018 Tuesday ,16 January
Giggs set to be named as Wales boss
GMT 12:01 2016 Saturday ,30 July
Atletico sign Kevin Gameiro from Sevilla
GMT 21:55 2017 Monday ,21 August
Sisi greets Afghanistan on Independence Day
GMT 11:49 2017 Thursday ,26 October
Mariam underlines tourism in India
GMT 10:33 2017 Friday ,15 December
ppage: PSG coach Emery's house robbed
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor