Saudi Arabia’s Al-Falih: We don’t want to engage in race to up oil output

A woman is seen behind the logo of the St. Petersburg International Economic Forum (SPIEF), Russia, June 6, 2019. (Reuters/Maxim Shemetov)
Updated 10 June 2019
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Saudi Arabia’s Al-Falih: We don’t want to engage in race to up oil output

ST. PETERSBURG: Saudi Energy Minister Khalid Al-Falih on Friday said he is unwilling to engage in a race to increase oil output to compensate for lower prices, saying a return to the price-crash environment of 2014-15 is simply unacceptable.
Speaking at an economic forum in St Petersburg, Russia, Al-Falih said that perfect stability on the oil market had not been achieved and the market was being influenced by factors outside "our" control.  


Operational challenges brings Riyadh Airport to a near standstill

Updated 6 sec ago
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Operational challenges brings Riyadh Airport to a near standstill

  • Airlines issue statements, while sources tell Arab News rain is to blame

RIYADH: Thousands of passengers travelling to and from King Khalid International Airport in Riyadh were left stranded as major airlines struggled to offer alternative flights following a slew of cancellations and delays.

Saudia and flyadeal were among the aviation firms who faced difficulties, with the two airlines putting out statements blaming temporary operational challenges for the issues.

“Guests are advised to check the status of the their flights before heading to the airport, as teams continue working to restore operations to normal,” said Saudia on a post on its official X account, while flyadeal said: “Affected passengers will be notified directly by emails and SMS with rebooking and support options.”

Airport sources told Arab News that the issue has to do with the heavy rain Riyadh experienced earlier on Friday. Water apparently got into the fuel tankers supposed to refuel jets before they fly, and then several airlines struggled to re-schedule passengers. 

Arab News reached out to Saudia for further information.