Khalid Al-Falih

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 OPEC: global oil market heading toward balance

OPEC: global oil market heading toward balance

The energy minister of Saudi Arabia, Khalid al-Falih, and the Organization of the Petroleum Exporting Countries' newly appointed secretary general, Mohammed Barkindo, agree that the global oil market is …

Saudi oil minister: OPEC's role in oil market to change

Saudi oil minister: OPEC's role in oil market to change

Saudi Arabia's oil minister Khalid al-Falih urges not to expect OPEC to influence the price of crude oil by adjusting supplies. “I think managing in the traditional way that we tried in the past may never …

Saudi Aramco chairman: Oil prices below $30 are irrational

Saudi Aramco chairman: Oil prices below $30 are irrational

Saudi Arabia would not cut supplies unilaterally or make way for rival produce, Saudi Aramco chairman Khalid Al-Falih said. He described the drop in oil prices below $30 a barrel as irrational. "The market has …