Oil may hit $60 per barrel this year – Saudi Energy Minister

11 October 2016, Lagos – Saudi Arabia’s Energy Minister Khalid al-Falih has said that the price of crude oil might hit $60 per barrel this year, following the decision of the Organisation of Petroleum Exporting Countries (OPEC) to cut global production. This is coming as the Russian President, Vladimir Putin, monday gave his support to international […] More »