"Oil was not part of Saudi politics in recent years", he said.
But Khashoggi's disappearance set off a firestorm of worldwide criticism after Turkish authorities reported that the prominent critic of the regime was killed and dismembered inside the Istanbul embassy by Saudi operatives.
"It's important for countries when they sign on agreements to stay in those agreements".
CNN reported Monday, citing sources, that "Saudis are preparing a report that will acknowledge that Saudi journalist Jamal Khashoggi's death was the result of an interrogation that went wrong, one that was meant to lead to his abduction from Turkey".
"America thinks Saudi Arabia can replace this oil". Turkish authorities have said they have an audio recording which indicates that Mr. Khashoggi was killed in the consulate.
That has firmed up a growing belief in Western circles that the prince who fueled a war in Yemen to the point of humanitarian disaster, imposed an intemperate blockade against Qatar, arrested a clutch of Saudi elites for money and took two weeks to come up with a passable explanation for Khashoggi's fate is not ready for the throne.
The Saudi energy minister circulated a statement Monday reminding Washington journalists that the kingdom had long served as the world's energy "shock absorber".
A Saudi official, not authorized to speak publicly, told Reuters that the king had ordered an internal investigation based on information from the joint team in Istanbul.
The official said the prosecutor had been instructed to work quickly.More news: Women Panel's Notice To Nana Patekar On Tanushree Dutta's Complaint
Pompeo will go to Turkey from Saudi Arabia, the White House National Security Council said.
On Sunday, Riyadh angrily rejected political and economic "threats" over the case of the missing journalist and said it would respond to any punitive action "with a bigger one".
Turkey has wanted to search the consulate for days.
October 2: He goes back to the Saudi Consulate in Istanbul.
The Turkish crime investigation team of around 10 people left the consulate around 5am on Tuesday.
Turkey rejected that offer.
Encouraged by the state-controlled media, many Saudis have been rallying round their leadership. He is embroiled in a damaging dispute with neighbouring Qatar. Amid such heightened times, Saudi companies like Prince Alwaleed's Kingdom Holding, which has stakes in Citi, Uber and Twitter could enter the fray and divest.
What allegedly happened in Istanbul?
But on Oct 11, The Washington Post reported that the Turkish government told United States officials it had audio and video recordings to proof the journalist had been killed inside the Saudi Consulate in Istanbul.
As the world's largest oil exporter and second-largest crude supplier to the USA after Canada, Saudi Arabia can roil oil markets if it were to halt its sale of crude and products to Washington. "But we want to find out what happened and he's got instructions to find out what happened". According to the journalist's fiancee, he was invited to the Saudi consulate in Istanbul but never left the consulate building.
The European Union has joined calls for a transparent investigation. Among other things, Turkish officials have said, an autopsy specialist carrying a bone saw was among 15 Saudi operatives who flew in and out of Istanbul the day Khashoggi disappeared.
Significantly, it was expected to showcase the reform agenda of Saudi Crown Prince Mohammed bin Salman.