Ali al Naimi

Latest stories

9d
Market Watch
Saudi energy minister just declared the oil glut overAfter two years of pain, the market has finally worked off the global glut of c
Saudi energy minister just declared the oil glut over
Market Watch / Posted 9 days ago
After two years of pain, the market has finally worked off the global glut of crude that slammed oil prices, Saudi Arabia’s energy minister said in a newspaper interview published Wednesday. “We are out of it. The oversupply has disappeared,” said... Read more
2 related stories
12d
Chicago Tribune
As Canada oil fires fade, the industry's real problem re-emergesHarbir Chhina helped develop the game-changing steam technology that allowed co
As Canada oil fires fade, the industry's real problem re-emerges
Chicago Tribune / Posted 12 days ago
Harbir Chhina helped develop the game-changing steam technology that allowed companies to tap the world's third-largest reserves in Canada's oil sands. It was a moonshot that paid off. Now the oil-sands industry, still recovering from last month's... Read more
17d
The Record Searchlight
How OPEC lost its iron grip on oil pricesSaudi Arabia's minister of Oil and Mineral Resources Ali al-Naimi, center, arri
How OPEC lost its iron grip on oil prices
The Record Searchlight / Posted 17 days ago
Saudi Arabia's minister of Oil and Mineral Resources Ali al-Naimi, center, arrives Sunday for the organization of Petroleum Exporting Countries (OPEC) meeting, in the Qatari capital of Doha. (Photo: Karim Jaafar, AFP/Getty Images) When his final... Read more
45 related stories
24d
Rappler
Saudi cabinet approves economic diversification planA picture taken on March 9, 2016 shows towers under construction at the King Ab
Saudi cabinet approves economic diversification plan
Rappler / Posted 24 days ago
A picture taken on March 9, 2016 shows towers under construction at the King Abdullah Financial District in the Saudi capital Riyadh. Fayez Nureldine/AFP JEDDAH, Saudi Arabia – The Saudi cabinet has approved a major plan to diversify the national... Read more
84 related stories
28d
The Financial Express
Khalid al-Falih charm offensive slowly wins back OPEC for SaudisKhalid al-Falih, who in April succeeded veteran Ali al-Naimi, was the first OPE
Khalid al-Falih charm offensive slowly wins back OPEC for Saudis
The Financial Express / Posted 28 days ago
Khalid al-Falih, who in April succeeded veteran Ali al-Naimi, was the first OPEC minister to arrive in Vienna. (Reuters) Russian oil billionaire Vagit Alekperov isn’t easily swayed, but Saudi Arabia’s new Energy Minister Khalid al-Falih achieved it... Read more
251 related stories
28d
WCYB 5 Tri-Cities
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
WCYB 5 Tri-Cities / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
Channel NewsAsia
Falih charm offensive slowly wins back OPEC for SaudisVIENNA: Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi
Falih charm offensive slowly wins back OPEC for Saudis
Channel NewsAsia / Posted 28 days ago
VIENNA: Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi Arabia's new Energy Minister Khalid al-Falih achieved it this week. Intense diplomacy by the soft-spoken Falih at his first OPEC meeting - with his speech peppered by... Read more
251 related stories
28d
Reuters
Falih charm offensive slowly wins back OPEC for SaudisSaudi Arabia's Energy Minister Khalid al-Falih (C) arrives for a meeting of OPE
Falih charm offensive slowly wins back OPEC for Saudis
Reuters / Posted 28 days ago
Saudi Arabia's Energy Minister Khalid al-Falih (C) arrives for a meeting of OPEC oil ministers in Vienna, Austria, June 2, 2016. VIENNA Russian oil billionaire Vagit Alekperov isn't easily swayed, but Saudi Arabia's new Energy Minister Khalid... Read more
251 related stories
28d
Boston Globe
OPEC keeps status quo as oil rally brings new-found harmonyOPEC will stick to its policy of unfettered production after members rejected a
OPEC keeps status quo as oil rally brings new-found harmony
Boston Globe / Posted 28 days ago
OPEC will stick to its policy of unfettered production after members rejected a proposal to adopt a new output ceiling, but ministers were united in their optimism that global oil markets are improving. While crude prices dipped briefly after... Read more
251 related stories
28d
CNBC
OPEC fakes unity, conflicts remain — analystsThe Organization of the Petroleum Exporting Countries did name Mohammed Barkind
OPEC fakes unity, conflicts remain — analysts
CNBC / Posted 28 days ago
The Organization of the Petroleum Exporting Countries did name Mohammed Barkindo of Nigeria as its new secretary-general. But it was unable to reach an agreement to set a ceiling for its production. Ahead of the meeting, analysts had expected no... Read more
251 related stories
28d
KECI Missoula
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
KECI Missoula / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
WFMZ Eastern Pennsylvania and Western New Jersey
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
KTVZ Bend
Saudi Arabia: $60 oil is coming soonthe end of the year, even without any help from OPEC. More From KTVZ.COM That
Saudi Arabia: $60 oil is coming soon
KTVZ Bend / Posted 28 days ago
the end of the year, even without any help from OPEC. More From KTVZ.COM That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
KXLY-TV Spokane
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
KXLY-TV Spokane / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
KRDO Colorado Springs
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
KRDO Colorado Springs / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
News Channel 12 New Bern
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
News Channel 12 New Bern / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
ABC 7 El Paso
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
ABC 7 El Paso / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
News 8000
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That'
Saudi Arabia: $60 oil is coming soon
News 8000 / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That's what powerful new Saudi energy minister Khalid Al Falih told CNNMoney's John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
FOX 8 WGHP
Saudi Arabia: $60 oil is coming soonto $60 a barrel by the end of the year, even without any help from OPEC. That’
Saudi Arabia: $60 oil is coming soon
FOX 8 WGHP / Posted 28 days ago
to $60 a barrel by the end of the year, even without any help from OPEC. That’s what powerful new Saudi energy minister Khalid Al Falih told CNNMoney’s John Defterios in an exclusive interview on Thursday. Al Falih was speaking just after OPEC... Read more
251 related stories
28d
WCNC Charlotte
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WCNC Charlotte / Posted 28 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
5KSDK St. Louis
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
5KSDK St. Louis / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WGRZ-TV Buffalo
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WGRZ-TV Buffalo / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KREM.com Spokane
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KREM.com Spokane / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WCSH 6 Portland
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WCSH 6 Portland / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WXIA-TV Atlanta
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WXIA-TV Atlanta / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WTSP-TV Tampa
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WTSP-TV Tampa / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WHAS TV11 Louisville
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WHAS TV11 Louisville / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WWL-TV, Channel 4 New Orleans
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WWL-TV, Channel 4 New Orleans / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
The Manila Times
OPEC happy with oil market, kingpin Saudi sayswill decide to keep crude gushing at its meeting in Vienna. “Everybody is very
OPEC happy with oil market, kingpin Saudi says
The Manila Times / Posted 29 days ago
will decide to keep crude gushing at its meeting in Vienna. “Everybody is very satisfied with the market. The market is rebalancing as we speak,” said Khaled al-Falih, newly appointed by the kingdom’s powerful and dynamic new crown prince. “Demand... Read more
251 related stories
29d
11 News Houston
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
11 News Houston / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WLTX-TV Columbia
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WLTX-TV Columbia / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WLBZ Bangor
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WLBZ Bangor / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WKYC Cleveland
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WKYC Cleveland / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
13 WMAZ Macon
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
13 WMAZ Macon / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WZZM 13 Grand Rapids
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WZZM 13 Grand Rapids / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KTHV Little Rock
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KTHV Little Rock / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
NorthWest Cable News
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
NorthWest Cable News / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
First Coast News
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
First Coast News / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KGW Channel 8 Portland
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KGW Channel 8 Portland / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KENS 5 San Antonio
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KENS 5 San Antonio / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KTVB Boise
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KTVB Boise / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
WFAA Dallas-Fort Worth
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
WFAA Dallas-Fort Worth / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
KVUE-TV Austin
OPEC meets as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC meets as oil hovers near $50 a barrel
KVUE-TV Austin / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
29d
Rappler
OPEC happy with oil market, kingpin Saudi saysOIL OUTPUT. A general view prior to the start of the 169th OPEC meeting in Vien
OPEC happy with oil market, kingpin Saudi says
Rappler / Posted 29 days ago
OIL OUTPUT. A general view prior to the start of the 169th OPEC meeting in Vienna, Austria on June 2, 2016. Photo by Hans Punz/EPA VIENNA, Austria – Saudi Arabia expressed confidence Thursday, June 2, that oil prices will keep recovering, cementing... Read more
251 related stories
29d
Channel NewsAsia
OPEC happy with oil market, kingpin Saudi sayswill decide to keep crude gushing at its meeting in Vienna. "Everybody is very
OPEC happy with oil market, kingpin Saudi says
Channel NewsAsia / Posted 29 days ago
will decide to keep crude gushing at its meeting in Vienna. "Everybody is very satisfied with the market. The market is rebalancing as we speak," said Khaled al-Falih, newly appointed by the kingdom's powerful and dynamic new crown prince. "Demand... Read more
251 related stories
29d
Bangkok Post - Thailand's English news
OPEC to keep oil flowing as price recoversmarkets after Western sanctions were lifted, has opposed any attempt to limit o
OPEC to keep oil flowing as price recovers
Bangkok Post - Thailand's English news / Posted 29 days ago
markets after Western sanctions were lifted, has opposed any attempt to limit output to support weak crude prices Traditionally the Organization of the Petroleum Exporting Countries, which pumps around a third of the world's oil, has cut production... Read more
251 related stories
29d
Times of Malta
Gulf Opec members seek joint action on oil outputof coordinated oil-output action by major producers when the group meets today,
Gulf Opec members seek joint action on oil output
Times of Malta / Posted 29 days ago
of coordinated oil-output action by major producers when the group meets today, a senior Opec source said, but Iran signalled the country was not ready for any such pact. “The Gulf Cooperation Council is looking for coordinated action at the... Read more
251 related stories
29d
Zero Hedge
Is OPEC About To Surprise The Oil markets? A day before the OPEC summit kicks off, top officials from the oil cartel say
Is OPEC About To Surprise The Oil markets?
Zero Hedge / Posted 29 days ago
A day before the OPEC summit kicks off, top officials from the oil cartel say that the markets are moving in the right direction, a sign of confidence that suggests little could emerge from this week’s... Read more
251 related stories
29d
USA Today
OPEC set to meet as oil hovers near $50 a barrelmeantime, the most anticipated event at this week’s meeting will be the appeara
OPEC set to meet as oil hovers near $50 a barrel
USA Today / Posted 29 days ago
meantime, the most anticipated event at this week’s meeting will be the appearance of Saudi Arabia’s new energy minister, Khalid al-Falih, at his first meeting of the cartel. With a recent rally in oil prices, OPEC ministers are under less pressure... Read more
251 related stories
30d
International Business Times
Oil lurks around $50 per barrel as market expects another Opec stalemate from the Organization of Petroleum Exporting Countries (Opec) began arriving on
Oil lurks around $50 per barrel as market expects another Opec stalemate
International Business Times / Posted 30 days ago
from the Organization of Petroleum Exporting Countries (Opec) began arriving on Wednesday (1 June) for their biannual meeting in Vienna, Austria. At 11.17am (BST), the Brent front month contract was down 1.74%, or 87 cents at $49.02/bbl,... Read more
More

People in this news