New Saudi energy minister urges producers to share burden
Saudi Arabia's new energy minister said on Monday that oil producers "have to share responsibility" to balance the market in comments that marked his debut since being named the kingdom's new oil minister the previous day.Prince Abdulaziz bin Salman spoke in Abu Dhabi, the United Arab Emirates, at an energy conference.Saudi Arabia has led cuts in production as the kingpin of OPEC to keep oil prices from sliding further.
Read more »