Category: bin Salman

Saudi Arabia ‘Maturer Guys’ in Spat With US: Energy Minister

October 26, 2022
bin SalmanBusiness & Marketseconomic policieseconomyenergyGold and CommoditiesMarketsMiddle EastministerSaudiUSWorld
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RIYADH—Saudi Arabia decided to be the “maturer guys” in a spat with the United States over oil supplies, the kingdom’s energy minister Prince Abdulaziz bin Salman said on Tuesday. The decision by the OPEC+ oil producer group led by Saudi Arabia this month to cut oil output targets unleashed a war of words between the…

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Saudi Crown Prince Says Unrealistic Energy Policies Will Lead to Higher Inflation

July 16, 2022
Arabbidenbin SalmanBusiness & MarketsenergyExecutive BranchGold and CommoditiesInternationalMarketsMiddle EastOilPoliticsSaudisummitUSUS NewsWorld
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JEDDAH, Saudi Arabia—Saudi Arabia’s Crown Prince Mohammed bin Salman said on Saturday more investment was needed in fossil fuel and clean energy technologies to meet global demand, and that unrealistic emission policies would lead to unprecedented levels of inflation. The prince said Saudi Arabia had announced raising its production capacity to 13 million barrels per…

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