Saudi Energy Minister Khalid al-Falih said on Sunday in Abu Dhabi he saw no need...
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Saudi energy minister concerned about oil price volatilityABU DHABI, United Arab Emirates (AP) — Saudi Arabia's energy minister said Sunday that major oil producers need to do better to narrow swings in prices that dip below $60 a barrel and rise above $86. 'I think what we need to do is narrow the range ... of volatility,' Khalid al-Falih said. 'We need to do better and the more producers that work with us, the better we're able' to do so, he told the Atlantic Council's Global Energy Forum in Abu Dhabi. Cautious not to set a price target or range, he explained there are consequences when oil prices dip too low or rise too high.
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Saudi energy minister says global economy, oil demand are strongSaudi Arabia's Energy Minister Khalid al-Falih said that oil demand remains...
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Saudi Arabia Edges Toward Bet on Booming U.S. Energy SectorSaudi Arabia is nearing a deal to invest in U.S. liquefied natural gas, a landmark decision for the kingdom which in the past had been a huge supplier of energy to America.
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