Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is close to an end as market fundamentals improve. “The current down cycle is nearing an end,” Falih told a joint press conference with his Russian counterpart Alexander Novak after a Gulf ministerial meeting in ...
Two workers died in a fire at a crude oil facility near Riyadh, state oil company Saudi Aramco said Thursday, giving more details about the blaze which occurred a day earlier. “We sadly announce the tragic loss of two workers and 16 injured from a fire incident near Alwesa,” the ...