Oil prices soar on Saudi, Russian supply fears
March 22, 2022 | 11:03
Oil prices soared Monday as a weekend attack on Saudi facilities and discussions among European Union members over banning Russian crude raised concerns about global supplies.
IMF chief hails Saudi role in supporting global economy
February 05, 2012 | 18:38
Saudi Arabia has played an "important role" in stabilising the oil market and supporting the global economy, International Monetary Fund chief Christine Lagarde said in a statement Saturday.
Oil giant Saudi Arabia looks to alternative energy
January 25, 2011 | 09:45
With vast oil reserves that are far from exhausted, Saudi Arabia, facing rising domestic energy demand that could cut into its oil exports, has decided to explore nuclear and renewable energy, Oil Minister Ali al-Naimi said on Monday.
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