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...nation we would like prices to remain stable and around this level," he said. Saudi Arabia's King Abdullah and oil minister Ali al-Naimi said that the world's top exporter sees $75 per barrel as a fair price for oil. OPEC, many of whose members are...
...“fair” price. Prices around $75 a barrel would be “fair” and would support investment in new fields, Saudi Arabian Oil Minister Ali al-Naimi said over the weekend. The global market is oversupplied by more than 2 million barrels a day, Iranian Oil...
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Earlier this week
...oil minister Ali al-Naimi is surrounded by journalists during the Organization of Arab Petroleum Exporting Countries (OAPEC) meeting in Cairo, Egypt, Saturday, Nov. 29, 2008. OPEC oil ministers downplayed expectations of, but didn't dismiss outright, an...
...oil, the first time in years that the world's biggest exporter has identifed a target for crude prices. Saudi Oil Minister Ali al-Naimi said oil prices needed to return to $75 to keep the more expensive new projects at the margins of world supply on...
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...research and development in the field of cleaner energy and better environment. Petroleum and Mineral Resources Minister Ali Al-Naimi stressed the need to focus on cleaner and more efficient use of fossil fuels while concurrently developing alternatives...
...influential people on Earth? George W. Bush could, with the push of a button, flatten any city on Earth. Saudi Oil Minister Ali al-Naimi could slow output from his kingdom's oil fields and plunge the world into another Great Depression. Together, Miley...
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