Recall that on Saturday Saudi King Salman bin Abdulaziz Al Saud abolished the Ministry of Oil and dismissed the oil minister Ali al-Naimi, organizing the Ministry of Energy, Industry and Mineral Resources, appointing the former …
The cost of the July futures of Brent crude oil on London's ICE trading rose above $46 per barrel. …
Saudi Arabia has ousted its long-serving oil minister who was the driver behind Opec's 2014 policy of holding production despite plummeting oil prices. Ali al-Naimi, who held the post from 1995, has been …
Ali al-Naimi has been the king of oil for more than two decades. Markets rose and tumbled on the Saudi oil minister’s words. The 81-year-old technocrat always carefully chose the words and his timing. His …
Russian Energy Minister Alexander Novak held talks with Saudi Arabian Oil Minister Ali al-Naimi on freezing oil output, the energy ministry's spokesperson told Reuters. The spokesperson …
OPEC’s secretary general Abdallah Salem el-Badri, Saudi Arabian Oil Minister Ali al-Naimi, the Minister of Petroleum of Venezuela, Eulogio Del Pino, may take part in the National Oil and …
Saudi Oil Minister Ali al-Naimi has said that the Saudi delegation will take part in the meeting on the oil freezing, which is to take place in Qatar. As expected, the meeting of oil-producing countries is to take place …
The meeting between the head of the Ministry of Energy of the Russian Federation, Aleksander Novak, and the Saudi Arabian Oil Minister Ali al-Naimi will be held today, a source close to the negotiations …
