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|10 December, 2018

Saudi energy minister says he discussed oil market with U.S. counterpart

They also discussed technical cooperation, he added.

Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018.

Saudi Energy Minister Khalid al-Falih addresses the gathering during India Energy Forum in New Delhi, India, October 15, 2018.

REUTERS/Adnan Abidi

DUBAI  - Saudi Arabia's Energy Minister Khalid al-Falih said in a tweet he had discussed the state of the oil market with U.S. Energy Secretary Rick Perry on Monday in Dhahran, Saudi Arabia.

The meeting took place after OPEC and non-OPEC oil exporting countries rejected pressure from U.S. President Donald Trump to further reduce oil prices by refraining from cutting production.

OPEC and its Russia-led allies agreed on Friday to reduce production by 1.2 million barrels per day from January.

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"We also discussed the Kingdom's efforts to develop technologies to reduce carbon emissions, energy efficiency and technical cooperation opportunities between the two countries," al-Falih added in the tweet.

Commenting on U.S. pressures, the UAE's Energy Minister Suhail al-Mazroui said OPEC "won't take instructions from anyone." "Every country has a sovereign right," he added at an event in Abu Dhabi.

(Reporting by Nafisa Eltahir in Dubai and Stanley Carvalho in Abu Dhabi; Editing by David Evans and Adrian Croft) ((Nafisa.Eltahir@thomsonreuters.com;))

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