- Home
- Business
- News
- Saudi Arabia Believes Engaging in 'Zero Sum Game' With US Shale Pointless - Minister
Saudi Arabia Believes Engaging In 'Zero Sum Game' With US Shale Pointless - Minister
Muhammad Irfan Published March 04, 2021 | 11:23 PM
There is no point for Saudi Arabia in engaging in "a zero sum game" with US shale oil as Riyadh is more concerned with the well-being of the whole energy industry, Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday
MOSCOW (UrduPoint News / Sputnik - 04th March, 2021) There is no point for Saudi Arabia in engaging in "a zero sum game" with US shale oil as Riyadh is more concerned with the well-being of the whole energy industry, Saudi Energy Minister Prince Abdulaziz bin Salman said on Thursday.
"As Saudi Arabia, we have never had an issue with shale oil. It has not been on our radar or a deterrent, a detriment or a determent.
All of us got impacted with what went on with COVID-19," Salman said at a press conference after the OPEC+ Ministerial Meeting concluded.
The energy minister underlined, referring to the United States, that "we wish them well and the last thing we want to do right now is to we are more concerned with the well being of the energy industry and i think there is no point of getting into the so-called the zero sum game."
Related Topics
Recent Stories
Rizwan’s batting order may be changed: Sources
Nawaz Sharif to visit Guangzhou exhibition in China
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
Iranian President visits Allama Iqbal’s mausoleum
Iranian President arrives in Lahore today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 23 April 2024
Today Gold Rate in Pakistan 23 April 2024
Islam enlightened world with its teachings about knowledge: Dr Jamileh
Record London close as oil prices drop on easing Middle East fears
TV tower in Kharkiv struck as Russia captured village
LCCI language courses from May 1
More Stories From Business
-
KPT shipping movements report
1 hour ago -
Gold rates further decline by Rs.7,800 per tola to Rs.240,900
4 hours ago -
Tesla earnings a 'moment of truth' for Musk after stumbles
5 hours ago -
Foreign exchange rates
6 hours ago -
EXCHANGE RATES FOR CURRENCY NOTES
6 hours ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 23 April 2024
7 hours ago
-
Today Gold Rate in Pakistan 23 April 2024
8 hours ago -
Tokyo shares open higher
9 hours ago -
Pakistan commends CIDCA for Continued Support in Economic Development
15 hours ago -
Macro-economic indicators start showing positive trends in country
16 hours ago -
Record London close as oil prices drop on easing Middle East fears
17 hours ago -
LCCI language courses from May 1
17 hours ago