You cannot be blind to the tensions in the global oil markets ... these are not new developments and we have dealt with it in the past with a firm will and wisdom ... and we will deal with the new developments in the same vein.

Saudi Arabia

Categorized in : Business

The kingdom does not want a war in the region but it will not hesitate to deal with any threats to its people, its sovereignty, or its vital interests.

The drone attacks on Saudi oil pumping stations carried out by groups supported by Iran not only threaten the security of the kingdom and the Gulf, but also threaten maritime safety and global oil supplies.

I think we're significantly closer (to war), certainly than we were when we negotiated the (nuclear) treaty which from all appearances was working, now we have a president that pulled us out of it and said 'I can make a better deal.' Well, he hasn't. In fact, he's made things much worse.

While discussions will not be easy, Saudi Arabia will succeed in rallying the OPEC and non-OPEC group to decrease output.

Jamal is a Saudi citizen whose safety and security is a top priority for the Kingdom, just as is the case with any other citizen. We will not spare any effort to locate him, just as we would if it were any other Saudi citizen.

, Bloomberg, Apr 21). Falih, too, has insisted the kingdom would defend its market share and allow prices to find their own level, a position he reiterated on Sunday(.

This event is not seeking to work with the U.S. but is an independent Saudi effort to bolster one of its crucial efforts: to be the leader of the Islamic world.

We have said on more than one occasion, we are willing to cooperate with anyone who can balance the market.

The council (of ministers) ... stressed the kingdom's role in (achieving) the stability of the oil market and its continuous readiness and efforts to cooperate with all OPEC and non-OPEC countries to maintain the stability of the market and prices.

We will remain, with God's support, maintain the straight path that this country has advanced on since its establishment by the late King Abdulaziz.

I definitely want to know him outside a traditional showfa. by Saudi Arabia

I definitely want to know him outside a traditional showfa.