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 02:03 2015 Monday ,02 March
US dollar exchange rate unchanged today against EGP
GMT 09:07 2024 Thursday ,08 February
UTair flight makes emergency landing in Russia’s Yekaterinburg
GMT 22:42 2018 Thursday ,13 December
'World of Food Abu Dhabi' kicks off at Umm Al Emarat Park
GMT 17:33 2018 Friday ,30 November
US-led coalition airstrike on Syria’s Deir ez-Zor kills over 30 civilians
GMT 18:45 2018 Monday ,05 November
Spice Girls reunite for British tour, minus Victoria Beckham
GMT 18:15 2018 Wednesday ,17 October
Malki welcomes UN vote giving State of Palestine more powers
GMT 11:22 2018 Wednesday ,10 October
Saudi student found dead inside US apartment
GMT 11:42 2018 Wednesday ,10 October
Four dead in Manama gas cylinder blast
GMT 11:44 2018 Monday ,08 October
President underlines need for policy action strategies
GMT 08:32 2017 Thursday ,02 March
Sudan’s Bashir names ally prime minister
GMT 14:32 2018 Sunday ,30 September
President al-Assad decrees the establishment of Children’s Hospital in TartousGMT 17:55 2011 Wednesday ,16 November
S. Africa seeks DNA of rhino horns seized in Hong Kong
GMT 13:57 2016 Wednesday ,24 February
Fans of Indian politician get tattoos for her birthday
GMT 11:01 2018 Friday ,07 September
Trump calls on times to reveal 'coward' behind critical oped
GMT 23:55 2017 Wednesday ,22 February
Malaysian PM: N.Korean envoy was “diplomatically rude”
GMT 07:18 2017 Monday ,10 April
President of the European Council Receives Credentials of Qatari AmbassadorGMT 00:01 2012 Tuesday ,08 May
Beren Saat, dream woman for Arab men
GMT 19:11 2017 Sunday ,19 February
US defence secretary, Abu Dhabi CP discuss military cooperation
GMT 15:24 2017 Thursday ,17 August
12 Daesh elements killed in tunnel collapseGMT 17:05 2012 Saturday ,10 March
Literary giants come face to face with readers
GMT 08:53 2017 Monday ,20 March
Philippines' Duterte calls European critics 'crazies'
GMT 04:50 2016 Monday ,12 December
Al Azhar Imam heads for Abu Dhabi
GMT 19:49 2016 Tuesday ,14 June
Trudeau : Canadian hostage likely killed
GMT 07:29 2017 Monday ,24 April
European stocks surge at open on French vote resultGMT 08:24 2013 Thursday ,31 January
Cinderella
GMT 12:30 2014 Thursday ,03 April
Game developers to go global with Google play
GMT 03:46 2015 Wednesday ,09 September
Microsoft buys cloud computing security startup
GMT 15:42 2016 Sunday ,21 August
Facebook woos video-loving teenagers with new app
GMT 14:00 2016 Saturday ,05 March
SpaceX satellite launch succeeds, but rocket crash lands
GMT 14:39 2016 Monday ,14 March
US shale producers pushing technology to new extremesGMT 14:47 2012 Wednesday ,20 June
How to get rid of pimple marks
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