iPhone | iPad
Android
Huawei
World Gold Council reiterates that fundamentals for the metal remain strong despite record high prices
KT APPDOWNLOAD
Opec+ decisions not politicised, Saudi energy minister says
The alliance of oil producers is sufficiently flexible to adjust policy as needed
Prince Abdulaziz was speaking at a media forum in the capital Riyadh about last October’s decision to cut the group’s production target by two million barrels per day. — Reuters
Decisions by Opec+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance of oil producers is sufficiently flexible to adjust policy as needed.
Prince Abdulaziz was speaking at a media forum in the capital Riyadh about last October’s decision to cut the group’s production target by two million barrels per day.
The group comprising the Organisation of the Petroleum Exporting Countries (Opec) and allies including Russia agreed the cuts until the end of 2023.
Prince Abdulaziz reiterated in an interview with Energy Aspects last week that the decision was locked in for the rest of the year. — Reuters
More news from Business
The world’s most populous nation expects 10 to 20 heatwave days
The South Asian nation is seeking a long-term bailout from the International Monetary Fund
Dubai in particular is seen as an increasingly attractive market
Almost every sector of the economy has been affected
On June 1, 2023, the emirate's flagship carrier unveiled a closed loop recycling initiative to transition to the principles of a circular economy
Frankfurt-based institution has left its key rates unchanged since October 2023
Grupo Financiero Galicia to buy the business for $550 million
