Saudi, UAE energy ministers discuss global oil market

Saudi Minister of Energy, Industrial and Mineral Resources Khalid Al-Falih. (AFP)
Updated 18 May 2018

Saudi, UAE energy ministers discuss global oil market

  • They agreed to continue their consultations and to closely monitor the oil market

JEDDAH: Saudi Arabia’s Energy Minister Khalid Al-Falih had a telephone conversation on Thursday with the UAE’s Energy Minister Suhail Al-Mazrouei, during which they discussed recent developments in the global oil market.

The two ministers voiced concerns about recent market volatility, fueled by anxiety over geopolitical events despite the availability of ample supply. 

They agreed to continue their consultations and to closely monitor the oil market and vowed to work together with other producers, as well as with major consumers to ensure market stability.

They renewed their commitment to security of supply, and to work toward the interest of consumers and the health of the global economy. AN Jeddah

The ministers agreed to meet jointly with the Russian Minister of Energy, Alexander Novak, in St. Petersburg next week on the sidelines of the St. Petersburg International Economic Forum to continue the consultations.

UAE Energy and Industry Minister Suhail Al-Mazroo’e, who is also the current OPEC chairman


Operation to separate Libyan Siamese twins begins in Saudi Arabia

A 35-member medical and surgical team began the operation to separate Siamese twins Ahmed and Mohammed in the morning. (SPA)
Updated 23 min 40 sec ago

Operation to separate Libyan Siamese twins begins in Saudi Arabia

  • The success rate of the operation is estimated at 70 percent

RIYDAH: An operation headed by a Saudi medical team to separate Libyan Siamese twins began on Thursday at King Abdulaziz Medical City in Riyadh.

A 35-member medical and surgical team – led by Dr. Abdullah Al-Rabeeah – began the operation to separate Siamese twins Ahmed and Mohammed in the morning.

The success rate of the operation, which takes up to 15 hours and is performed through 11 stages, is estimated at 70 percent.