Saudi Arabia not only cares about crude oil prices but wants them to go higher to encourage investment in future production, the country’s new energy minister said ahead of an OPEC meeting that failed to agree a deal to limit output.
Khalid Al-Falih, speaking at the opening of the OPEC meeting in Vienna, clarified the comments of the kingdom’s powerful Deputy Crown Prince Mohammed bin Salman, who said Saudi Arabia didn’t care whether oil prices were at $30 or $70. “They are all the same to us,” the prince told Bloomberg in an in...
18:06 Despite criticism, country singers will be performing all over Trump's inauguration weekend14
15:02 U.S housing starts surge in December; jobless claims near 43-year low13
21:28 Paul McCartney I Want to Get Back My Beatles Hits from Sony17
01:20 Google reportedly bringing affordable Android One program to US24