Khalid al-Falih speaks to the media at the company’s booth during Petrotech 2014 (a petrochemicals conference) at the Bahrain International Exhibition Centre in Manama May 19, 2014. Saudi Arabia’s new energy minister said on Sunday the world’s largest crude exporter was committed to meeting demand for hydrocarbons from its customers and would maintain its petroleum policies. “Saudi Arabia will maintain its stable petroleum policies. We remain committed to maintaining our role in international energy markets and strengthening our position as the world’s most reliable supplier of energy,” Khalid al-Falih said in an e-mailed statement. “We are committed to meeting existing and additional hydrocarbons demand from our expanding global customer base, backed by our current maximum sustainable capacity.” Since 2014, Saudi Arabia has led OPEC through a new survival-of-the-fittest strategy aimed at defending market share rather than reducing production to support oil prices. Falih’s comments on Sunday support analysts’ views […]