Saudi’s Falih says global oil deal could be extended to end of 2019 GlobeBusiness
Story continues below advertisement
“We will look at inventories - are they higher or lower than the normal level and we will adjust the production level accordingly. Based on what I see now ... I am eager to say there will be some kind of agreement,” Falih told Russia’s RIA.One of the key players on Moscow’s policy towards OPEC is Igor Sechin, head of Russian state oil company Rosneft .
Last week, Sechin signaled Russia would not help replace Iranian oil on the market after the expiration of waivers on U.S. sanctions against Tehran’s crude exports.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Aramco’s bond is ‘only the beginning’, Saudi energy minister saysKhalid al-Falih says Aramco would access the equity markets earlier than expected after the company gained exposure among investors through the bond sale
Read more »
U.S. officials say global oil market ready for end to Iran crude exportsTrump exuded confidence that Saudi Arabia and the United Arab Emirates would compensate for the shortfall in the oil market
Read more »
Saudi, UAE overstate their oil capacities: Iran oil ministerThe comments were in reaction to expectations the two countries would fill any supply gap caused by a tightening of U.S. sanctions on Iran
Read more »
Undeterred by Khashoggi murder, global executives return to Saudi ArabiaBig investors in Saudi Arabia appear to be focused on potential deals in the largest Arab economy and the world’s top oil exporter as it opens up under a transformation drive led by Prince Mohammed
Read more »
Chevron profit falls 27 per cent on lower oil prices, Anadarko deal in focusChevron profit falls 27 per cent on lower oil prices, Anadarko deal in focus GlobeBusiness
Read more »
Visa, Mastercard reach deal with EU to end antitrust probeThe credit card companies to cut fees on payments made by tourists using cards issued outside the bloc
Read more »
Mitchell: Bichette's injury could sideline him into July, ending hopes of a 2019 call-upAs the Blue Jays continue to debate the call-up of Vladimir Guerrero Jr., their other top prospect is going to be sidelined indefinitely. TSN Blue Jays reporter Scott Mitchell discusses the recovery timeline for Bo Bichette, who fractured a bone in his hand during Monday's game in Syracuse.
Read more »
Like it Buy it 2019: A guide to the deals in this year's huge saleStarting Tuesday at noon, you can save up to 50 per cent on top brand-name merchandise and services from some of the West Coast’s hottest retailers.
Read more »
Andrew Scheer’s secret meeting with oil executives ‘concerning’, says Minister for Democratic InstitutionsMr. Scheer and two top Conservative strategists met at a private conference to discuss strategies for defeating the Liberals and silencing environmental critics
Read more »
China issues extra crude oil import quota for private refiners, sources sayFive of the seven refineries are located in the eastern province of Shandong, the hub for Chinese independent oil processors
Read more »