Al-Falih: KSA ‘always reacts’ to oil supply and demand
Al-Falih: KSA ‘always reacts’ to oil supply and demand
Riyadh - Arab Today
Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said on Sunday the Kingdom always reacts to oil market supply and demand and it would continue to monitor crude markets for any developments.
Al-Falih also said that final agreements with foreign investors taking part in state oil giant Saudi Aramco's huge ship repair and shipbuilding complex that it is developing at Ras Al-Khair would be signed "over the next few weeks and months".
The complex, on the Kingdom's east coast, is due to be fully operational by 2021. Lamprell, Aramco, National Shipping Company of Saudi Arabia (Bahri) and Hyundai Heavy Industries signed a potential partnership agreement relating to the yard earlier this year.
Al-Falih added that the world's largest oil exporter should own the largest oil shipping company, with a fleet that matches the kingdom's oil reserves and sales.
Source: Arab News
GMT 15:25 2017 Tuesday ,20 June
8 factors behind the fall in oil pricesGMT 04:57 2017 Tuesday ,13 June
OPEC newsGMT 04:51 2017 Tuesday ,13 June
OPEC deal faces headwinds as more supply hits marketGMT 03:59 2017 Sunday ,11 June
Saudi energy minister says no immediate need to adjust oil pactGMT 04:43 2017 Tuesday ,06 June
OPEC news
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia 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 launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 08:25 2018 Sunday ,09 December
Britain faces 'uncharted waters' if Brexit deal does not pass
GMT 16:14 2018 Saturday ,29 September
Premier Khalifa bin Salman congratulated by health minister
GMT 08:08 2017 Saturday ,13 May
Malaysia deports 3 Turks amid UN fears of widening Turkish crackdown
GMT 09:35 2017 Sunday ,29 October
Hamas official says unity deal to remain
GMT 07:03 2018 Sunday ,09 December
Saudi-led Gulf summit to begin in Riyadh amid a sharp dispute Qatar row
GMT 12:05 2018 Sunday ,02 December
Wife of HM King congratulates candidate women on election victory
GMT 12:32 2018 Thursday ,15 November
Flights temporarily suspended at Kuwait Airport due to low visibility
GMT 13:31 2018 Tuesday ,30 October
Women wrestlers take on tradition in south Iraq
GMT 14:54 2017 Thursday ,23 February
Cyprus peace process falters after latest talks called off
GMT 17:47 2017 Thursday ,26 January
Mogherini grants Bar Elias school 10 thousand Euros
GMT 16:16 2017 Thursday ,20 April
HH the Emir Visits Railway Project
GMT 11:02 2017 Thursday ,05 October
Trump weighs 'decertifying' Iran nuclear deal
GMT 10:30 2016 Thursday ,29 September
Pakistan fury after India conducts 'surgical strikes'
GMT 13:44 2017 Saturday ,26 August
Kuwaiti FM receives letter from Iraqi counterpart
GMT 11:52 2017 Monday ,05 June
Australia police shoot hostage taker dead after an hour standoff
GMT 14:40 2017 Wednesday ,09 August
AS FAR's denies subjecting player
GMT 17:38 2017 Wednesday ,15 March
Snoop Dogg draws controversy with Trump shooting video
GMT 07:07 2017 Monday ,10 April
Who were the suicide bombers behind Egypt’s deadly church attacks?
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