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You Searched For "Oil minister" and got 17 results


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1 min read

The Saudi and Russian oil ministers are meeting - and crude oil is ripping higher

The commodity is up over 5% on a report in the Financial Times that the Saudi Arabian oil chief, Al…

Ben Moshinsky   


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2 mins read

SAUDI OIL MINISTER: 'No one can set the price of oil - it's up to Allah'

Al-Naimi also told CNBC that he is not worried about Iran's oil production coming back online. If p…

Akin Oyedele   


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1 min read

India cuts oil imports from top supplier Saudi Arabia, increases from Africa

News agency PTI reported that imports from Iran were almost flat at 10.95 MT and shipments from Kuw…

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2 mins read

Donald Trump’s sanctions on Iran force Indian oil minister Dharmendra Pradhan to dial Russia for cheaper oil

If US was earlier worried about growing closeness of India with its arch enemy Russia, it has m…

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1 min read

Petrol Cheaper By More Than Rs 2/Litre From Independence Day

"Price of petrol will be reduced from midnight of 14/15 August 2014 in the range of Rs 1.89-2.38 (R…

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Saudi Oil Minister Says Russia Doesn't 'Deserve Market Share'

The Russians, by contrast, cannot afford it because they are inefficient producers who can't stop p…

Jim Edwards   


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Saudi Arabia warns that the world is running out of energy capacity: 'I have never seen these things'

"The world is running out of energy capacity at all levels," said Saudi Oil Minister Prince Abdulaz…

Phil Rosen   


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Oil producers in the Middle East are worried that high prices will push more people to buy EVs, Iraqi oil minister says

Oil prices are climbing due to Russia's invasion of Ukraine, which has prompted a ban of Russian en…

Sarah Jackson   


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2 mins read

Saudi oil minister says OPEC did the right thing by not cutting production in November

Over the past eight months, though, with the market in surplus, it is Saudi Arabia that is called u…

Shane Ferro   


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3 mins read

Saudi Arabia's oil minister says a production cut 'is not going to happen'

Overall, any positive oil price impact from this move, beyond a kneejerk covering of short position…

Myles Udland   


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Oil pops above $50 after Iraq's oil minister says OPEC is thinking about extending cuts until the end of 2018

The cartel and several other major producers (but not the US) first agreed to slash production back…

Elena Holodny   


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1 min read

Kejriwal Orders FIR Against Mukesh Ambani, Moily And Murli Deora Over Gas Prices

Arvind Kejriwal today launched a fresh offensive against Reliance accusing the company of creating …

Times Of India   


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3 mins read

OPEC and Russia shrug off Trump's tweet tirade on oil prices

The higher oil prices could cause problems for Trump in the lead up to the midterm congressional el…

Michael Selby-Green,Michael S…   


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2 mins read

Oil climbs to 6-week high after new Saudi energy minister signals more output cuts

The shake-up comes at a difficult time for the oil market, as crude prices have stabilized around $…

Carmen Reinicke   


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Oil prices jump as Russia and Saudi agree to extend oil output cuts until March 2018

Under the current agreement, the Organization of the Petroleum Exporting Countries (OPEC), of which…

Lianna Brinded,Reuters   


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Report: OPEC might have an emergency meeting over low oil prices

Diezani Alison-Madueke is the current president of OPEC in addition to the Nigerian oil minister. S…

Shane Ferro