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Adam Smith would not be pleased: High oil prices not justified, according to Saudi Arabia

Arabia's oil minister Ali al-Naimi said global supply, demand and inventories of crude don't justify ... minister Ali al-Naimi said global supply, demand and inventories of crude don't justify the current ... is concerned about rising oil prices in the international oil market," al-Naimi said yesterday. ...

11/09/2012 - 09:08 - comment 1

Saudi Oil Minister in Osaka; discusses cooperation with Ministers

Saudi Minister of Petroleum and Mineral Resources Ali Al-Naimi met in Osaka on Sunday with a number of ministers attending the Energy Forum being held Saudi Minister of Petroleum and Mineral Resources Ali Al-Naimi met in Osaka on Sunday with a number ...

18/05/2010 - 16:36 - comment 0

Saudi Petroleum Minister receives former Russian Energy Minister

Saudi Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi met in the capital of Riyadh Tuesday with former Russian Minster of Energy Saudi Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi met in the capital of Riyadh ...

18/05/2010 - 16:26 - comment 0

Saudi Arabia: IEF to have 3,000-sq. meter building

said Tuesday Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Al-Naimi. In a press statement, Al-Naimi mentioned that that the 3,000-sq. meter building was built by the Saudi ...

15/08/2010 - 10:47 - comment 0

Nothing exciting about the new oil production rate set by OPEC

“We have rolled it over,” Saudi Arabia’s Ali al-Naimi ... unchanged at 30mn bpd. “We have rolled it over,” Saudi Arabia’s Ali al-Naimi told reporters after ... 11, al-Naimi said. The group also agreed to extend secretary general Abdalla El-Badri’s term by one ...

05/12/2013 - 15:56 - comment 0

Saudi Aramco discovers new gas field

offshore in the Red Sea. Saudi Oil Minister Ali al-Naimi said a natural gas field near the port ... discovery about 15 miles offshore in the Red Sea.Saudi Oil Minister Ali al-Naimi said a natural gas field ...

10/10/2012 - 13:48 - comment 0

Saudi Arabia to maintain its current oil production capacity

country’s royal family. Ali Al Naimi said his country will be “lucky to go past” its current oil ... dispelling a suggestion put forth by a member of his country’s royal family.Ali Al Naimi said his country ... market. “Supplies are coming from everywhere,” Al Naimi said during a speech on energy markets ...

13/05/2013 - 10:09 - comment 0

Saudi oil minister: Global oil supplies steady, good demand

Ali Al-Naimi said on Tuesday.“You know my desire is that people leave the market alone,” Naimi told ... are happy with current prices, top exporter Saudi Arabia’s oil minister Ali Al-Naimi said on Tuesday.“You ... Al-Naimi said on Tuesday. Global oil supplies are plentiful and demand ...

18/12/2012 - 12:45 - comment 0

Saudi and Gulf states ready for oil shortages

minister Ali al Naimi reiterated on Sunday that the kingdom, along with its Persian Gulf neighbours, ... Saudi Arabian oil minister Ali al Naimi reiterated on Sunday that the kingdom, along with its Persian ...

12/11/2012 - 11:39 - comment 0

Saudi Arabia working to keep oil prices "adequate" for global market

that are adequate for global economic growth, Saudi Arabia Oil Minister Ali al-Naimi said on Tuesday.“ The market ... Minister Ali al-Naimi said on Tuesday. ...

09/10/2012 - 10:11 - comment 0