Tag Archives: Ali al-Naimi

Those with a functioning memory may have thought that last week’s decision by Saudi Arabia to maximize oil production to crash oil prices and bankrupt U.S. shale producers was an early April Fool’s Day joke. Apparently, though, it is not, and collective amnesia seems to have gripped senior Saudis and …

OPEC and its partners are due to meet next month in Vienna.

OPEC will remain under pressure from rising U.S. oil output.

OPEC nations are bearing the burden of the market-share loss unevenly.

Sanctions against Iran could contribute to a ``nasty gap`` in the market at year-end.

Higher oil prices help U.S. shale producers.

The fall in oil prices had an immediate and dramatic impact on drilling activity.

The Saudis are seeking a bridge price. to get you where you’re comfortable with deeper reform.

Falih said OPEC and its non-OPEC allies would exit from oil production cuts very gradually and smoothly.

Novak was a key driver of the push for Libya and Nigeria. whose surging production earlier this year helped to crash oil markets.