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 12:47 2016 Thursday ,01 September
'La La Land' musical masterpiece dazzles Venice film fest
GMT 12:42 2017 Monday ,20 February
Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'
GMT 19:01 2017 Wednesday ,30 August
Oil prices down as US reels from Harvey
GMT 04:19 2017 Monday ,08 May
National forces attack mercenaries in Taiz
GMT 13:08 2017 Saturday ,09 September
Minister of Communications and InformationTechnology leads Sudan Delegation to Kazakhstan OIC Summit
GMT 19:21 2017 Sunday ,07 May
Iranian Film Week opens in Baghdad
GMT 21:33 2017 Sunday ,30 July
Arab Quartet meeting kicks off in Bahrain
GMT 08:19 2018 Thursday ,06 December
Warming Greenland ice melting at 'unprecedented' levels, study finds
GMT 17:17 2016 Friday ,07 October
Aleppo bleeds as US and Russia spar
GMT 12:03 2015 Monday ,21 December
Nepal protester killed in constitutional crisis clash
GMT 09:47 2016 Thursday ,22 December
Trump vows to cut F-35 spending, as leaked memo
GMT 21:44 2017 Friday ,15 December
King establishes Hawar Development Committee
GMT 20:57 2017 Tuesday ,16 May
Naval Forces rescue 23 tourists in Hurghada
GMT 12:56 2017 Monday ,11 December
Lyon leave it late, Balotelli with Nice winner
GMT 14:41 2017 Sunday ,13 August
Kenya's Odinga urges supporters 'not to go to work' Monday
GMT 06:18 2017 Thursday ,19 October
Russian delegation meets with Julphar chairman
GMT 05:55 2017 Saturday ,08 April
Prince Miteb briefed on progress in osteoporosis research work
GMT 21:20 2017 Monday ,23 October
Nasr, delegation of London Stock Exchange
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