Ali al Naimi

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15h
Market Watch
Key issues OPEC must wrestle with at June meeting even as oil nears $50Saudi oil regime change The OPEC meeting will also be the first with Khalid al
Key issues OPEC must wrestle with at June meeting even as oil nears $50
Market Watch / Posted 15 hours ago
Saudi oil regime change The OPEC meeting will also be the first with Khalid al-Falih as Saudi Arabia’s oil minister. Al-Falih, chairman of Saudi Arabia Oil Company, replaced longtime Saudi Oil Minister Ali al-Naimi earlier this month. “The... Read more
1d
Zero Hedge
Is OPEC A U.S. National Security Threat?its dominance over the market and propose possible remedies on the grounds that
Is OPEC A U.S. National Security Threat?
Zero Hedge / Posted yesterday
its dominance over the market and propose possible remedies on the grounds that the matter is important from a national security standpoint, reports the Financial Times. Though similar efforts in the past against OPEC have been ineffective,... Read more
1d
The Houma Courier
Saudi Arabia's new oil plan shows it's just not that into OPECThe world's biggest crude exporter has already undermined OPEC's traditional ro
Saudi Arabia's new oil plan shows it's just not that into OPEC
The Houma Courier / Posted yesterday
The world's biggest crude exporter has already undermined OPEC's traditional role of managing supply, instead choosing to boost output to snatch market share from higher-cost producers, particularly U.S. shale drillers, and crashing prices in the... Read more
4 related stories
1d
The Daily Comet
Saudi Arabia's new oil plan shows it's just not that into OPECThe world's biggest crude exporter has already undermined OPEC's traditional ro
Saudi Arabia's new oil plan shows it's just not that into OPEC
The Daily Comet / Posted yesterday
The world's biggest crude exporter has already undermined OPEC's traditional role of managing supply, instead choosing to boost output to snatch market share from higher-cost producers, particularly U.S. shale drillers, and crashing prices in the... Read more
4 related stories
1d
Newsmax
Saudi Arabia's New Oil Plan Shows It's Just Not That Into OPECSaudi Arabia, one of the founders of OPEC, is sounding the group’s death knell.
Saudi Arabia's New Oil Plan Shows It's Just Not That Into OPEC
Newsmax / Posted yesterday
Saudi Arabia, one of the founders of OPEC, is sounding the group’s death knell. The world’s biggest crude exporter has already undermined OPEC’s traditional role of managing supply, instead choosing to boost output to snatch market share from... Read more
4 related stories
3d
The Courier Mail
Saudi's oil policy may be more transparentThe appointment of Khalid al-Falih as Saudi Arabia's new energy minister to rep
Saudi's oil policy may be more transparent
The Courier Mail / Posted 3 days ago
The appointment of Khalid al-Falih as Saudi Arabia's new energy minister to replace veteran oil minister Ali al-Naimi is likely to bring a big shift in style even if the substance of policy remains largely unchanged. Naimi has served as the minister... Read more
4 related stories
6d
Daily Mail
Cash-strapped Saudi Arabia considers paying contractors with 'IOUs' as the nation continues to be hit by fall in oil prices Saudi Arabia is short
Cash-strapped Saudi Arabia considers paying contractors with 'IOUs'
Daily Mail / Posted 6 days ago
as the nation continues to be hit by fall in oil prices Saudi Arabia is short of cash as oil price has fallen from $70 to $47 a barrel Riyadh has a massive budget deficit and is... Read more
7d
Namibia Economist
Beyond OPECKHALID AL-FALIH is a busy man. When he met The Economist in Riyadh in April, he
Beyond OPEC
Namibia Economist / Posted 7 days ago
KHALID AL-FALIH is a busy man. When he met The Economist in Riyadh in April, he was sitting in the sprawling office from which he was running the health ministry. But the subject was the part-privatisation of Saudi Aramco, the world’s biggest oil... Read more
9d
Vail Daily
Stocks continue to struggleDespite a surge for stocks on Tuesday and the best retail sales report in a yea
Stocks continue to struggle
Vail Daily / Posted 9 days ago
Despite a surge for stocks on Tuesday and the best retail sales report in a year on Friday, the major indexes were down yet again, with the S&P 500 now only narrowly up for 2016. With investors looking to other options, the yields on treasuries fell.... Read more
12d
Zero Hedge
The OPEC Epoch is Over – Where Are Oil Prices Headed Now?The fate of oil companies and nations hangs in the balance of oil prices. Russi
The OPEC Epoch is Over – Where Are Oil Prices Headed Now?
Zero Hedge / Posted 12 days ago
The fate of oil companies and nations hangs in the balance of oil prices. Russia could go broke. Some think that’s by US design. Saudi Arabia could experience its Arab Spring if oil prices remain too low too long. And OPEC is dead. That’s the biggest... Read more
152 related stories
12d
CNBC
OPEC: Speculators help oil up but oversupply persistsIt comes just a day after the International Energy Agency (IEA) said global oil
OPEC: Speculators help oil up but oversupply persists
CNBC / Posted 12 days ago
It comes just a day after the International Energy Agency (IEA) said global oil markets were heading towards a long-awaited equilibrium. OPEC left its 2016 world oil demand growth forecast unchanged at 1.20 million barrels per day. All eyes are on... Read more
12d
Salon.com
Rumors in the Kingdom: What elites are whispering about the increasingly shaky Saudi regimeTurmoil inside the Saudi regime seems unstoppable. Veteran oil minister, Ali al
Rumors in the Kingdom: What elites are whispering about the increasingly shaky Saudi regime
Salon.com / Posted 12 days ago
Turmoil inside the Saudi regime seems unstoppable. Veteran oil minister, Ali al-Naimi, was relieved of his duties last weekend. A fixture at the various oil meetings, al-Naimi was considered the voice of Saudi oil. But over the course of the past two... Read more
3 related stories
13d
Rappler
Global oil supply glut to 'shrink dramatically' this year – IEADEMAND. An Indian petrol pump attendant fills a car with fuel at a station in K
Global oil supply glut to 'shrink dramatically' this year – IEA
Rappler / Posted 13 days ago
DEMAND. An Indian petrol pump attendant fills a car with fuel at a station in Kolkata on November 16, 2011. Photo by Piyal Adhikary/EPA PARIS, France – A global oil glut that has sent prices tumbling is set to "shrink dramatically" later this... Read more
6 related stories
13d
Bangkok Post - Thailand's English news
Global oil supply glut to 'shrink dramatically' this yearAn Iranian woman employee adjusts her scarf during the 21st Iran Oil, Gas and P
Global oil supply glut to 'shrink dramatically' this year
Bangkok Post - Thailand's English news / Posted 13 days ago
An Iranian woman employee adjusts her scarf during the 21st Iran Oil, Gas and Petrochemical International Exhibition in Tehran, Iran, on May 5 this year. (EPA photo) PARIS — A global oil glut that has sent prices tumbling is set to "shrink... Read more
6 related stories
13d
CNBC
Global oil markets 'heading towards balance': IEAlast month when OPEC and non-OPEC producers met in Doha to discuss freezing pro
Global oil markets 'heading towards balance': IEA
CNBC / Posted 13 days ago
last month when OPEC and non-OPEC producers met in Doha to discuss freezing production levels but that meeting ended in stalemate, with Saudi Arabia refusing to budge unless Iran did so too. Iran is keen to get its oil industry back on track after... Read more
14d
Australian Broadcasting Corporation
Saudi Arabia's visionary prince driving his country beyond oilSaudi Arabia's new visionary prince driving his country beyond oil towards aust
Saudi Arabia's visionary prince driving his country beyond oil
Australian Broadcasting Corporation / Posted 14 days ago
Saudi Arabia's new visionary prince driving his country beyond oil towards austerity, social reform By freelance correspondent Marcus George in Dubai It may be the largest crude oil producer in the world, but Saudi Arabia is looking well beyond... Read more
3 related stories
14d
Market Watch
What’s driving Saudi Arabia’s shake-up — and it’s not just oilhousing more affordable, reducing the power of the religious police and more.
What’s driving Saudi Arabia’s shake-up — and it’s not just oil
Market Watch / Posted 14 days ago
housing more affordable, reducing the power of the religious police and more. Many Saudis and outsiders will be skeptical of a “reforming” Saudi Arabia, but the changes demonstrate Saudi Arabia is taking aggressive action to protect itself from... Read more
14d
Times of Malta
Say goodbye to Opec, Russia’s Sechin saysInternal differences are killing Opec and its ability to influence the markets
Say goodbye to Opec, Russia’s Sechin says
Times of Malta / Posted 14 days ago
Internal differences are killing Opec and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel. Russia, which has been hit hard by... Read more
6 related stories
15d
The Financial Express
Say goodbye to OPEC, Russia’s Igor Sechin saysInternal differences are killing OPEC and its ability to influence the markets
Say goodbye to OPEC, Russia’s Igor Sechin says
The Financial Express / Posted 15 days ago
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin said in some of his harshest remarks ever about the oil cartel. Russia, which has been hit hard by the oil... Read more
6 related stories
15d
CNBC
The new Saudi Arabia is even more unpredictable for oilSaudi Arabia sent a powerful message this past weekend when longtime Oil Minist
The new Saudi Arabia is even more unpredictable for oil
CNBC / Posted 15 days ago
Saudi Arabia sent a powerful message this past weekend when longtime Oil Minister Ali al-Naimi, 81, was removed by royal decree and replaced with former Saudi Aramco CEO Khalid al-Falih, viewed as a capable technocrat who will reflect the views of... Read more
195 related stories
15d
The Globe and Mail
Three top stock picks from GlobeInvest’s Peter BriegerPeter Brieger is chairman and managing director of GlobeInvest Capital Manageme
Three top stock picks from GlobeInvest’s Peter Brieger
The Globe and Mail / Posted 15 days ago
Peter Brieger is chairman and managing director of GlobeInvest Capital Management. His focus is North American large caps. The downward pressure on fertilizers – particularly potash – continues as contract price and volume negotiations in China and... Read more
15d
Newsmax
Russian Oil Chief Sechin: OPEC's Unity Effectively Extinctthe idea of cooperating with OPEC in recent months until tensions between OPEC
Russian Oil Chief Sechin: OPEC's Unity Effectively Extinct
Newsmax / Posted 15 days ago
the idea of cooperating with OPEC in recent months until tensions between OPEC members Saudi Arabia and Iran ruined a global deal to freeze output. Sechin — one of the closest allies of President Vladimir Putin — was the only Russian official to... Read more
6 related stories
15d
Channel NewsAsia
Say goodbye to OPEC, powerful Putin pal predictsMOSCOW: Internal differences are killing OPEC and its ability to influence the
Say goodbye to OPEC, powerful Putin pal predicts
Channel NewsAsia / Posted 15 days ago
MOSCOW: Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel. Russia, which has been hit... Read more
6 related stories
15d
The Globe and Mail
Say goodbye to OPEC, Russia’s Sechin saysInternal differences are killing OPEC and its ability to influence the markets
Say goodbye to OPEC, Russia’s Sechin says
The Globe and Mail / Posted 15 days ago
Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive Igor Sechin told Reuters in some of his harshest remarks ever about the oil cartel. Russia, which has been hit hard by... Read more
195 related stories
15d
Reuters
Say goodbye to OPEC, Russia’s Sechin saysto the signing of a contract between Rosneft and Essar Oil Ltd. companies in Uf
Say goodbye to OPEC, Russia’s Sechin says
Reuters / Posted 15 days ago
to the signing of a contract between Rosneft and Essar Oil Ltd. companies in Ufa, Russia, July 8, 2015. MOSCOW Internal differences are killing OPEC and its ability to influence the markets has all but evaporated, top Russian oil executive... Read more
6 related stories
15d
Zawya
EXCLUSIVE-Saudi to transfer Riyadh finance district project to PIF -sourcesSaudi Arabiafinance district project to PIF -sources In This Article * Feasibility study
EXCLUSIVE-Saudi to transfer Riyadh finance district project to PIF -sourcesSaudi Arabia
Zawya / Posted 15 days ago
finance district project to PIF -sources In This Article * Feasibility study on KAFD future underway * Aims to revive goal of Riyadh as global financial hub * Fits into Vision 2030 economic reform package By David French and Katie Paul The... Read more
2 related stories
15d
Naked Capitalism
What OPEC Has To Fear From The New Saudi Oil MinisterFor many years, Ali al-Naimi, the outgoing Saudi oil minister, was the voice of
What OPEC Has To Fear From The New Saudi Oil Minister
Naked Capitalism / Posted 15 days ago
For many years, Ali al-Naimi, the outgoing Saudi oil minister, was the voice of Saudi Arabia’s oil industry and policy. Even seemingly insignificant remarks from al-Naimi could move oil prices up or down. But the 80-year old oil minister has seen his... Read more
195 related stories
15d
Business Standard India
Oil traders cautious after plunge as Canada fires easemoved cautiously in Asia today after the previous day's sharp losses as the thr
Oil traders cautious after plunge as Canada fires ease
Business Standard India / Posted 15 days ago
moved cautiously in Asia today after the previous day's sharp losses as the threat of wildfires to Canada's crude-producing Alberta region eased and a strong greenback dampened appetite. Canadian authorities were focusing on restoring output after... Read more
15d
Brisbane Times
Saudi Arabia eyes London for $3.4 trillion Aramco floatties with three foreign energy companies. The Saudi authorities hope to entice
Saudi Arabia eyes London for $3.4 trillion Aramco float
Brisbane Times / Posted 15 days ago
ties with three foreign energy companies. The Saudi authorities hope to entice ExxonMobil, China's Sinopec and potentially BP into taking strategic stakes, offering them long-term access to upstream operations in return for cutting-edge... Read more
16d
TribLIVE
U.S. stocks finish a little higher as health care jumps | TribLIVE Specialist Meric Greenbaum works on the floor of the New York St
U.S. stocks finish a little higher as health care jumps
TribLIVE / Posted 16 days ago
| TribLIVE Specialist Meric Greenbaum works on the floor of the New York Stock Exchange on Monday, May 9, 2016. Photo by AP NEW YORK —... Read more
45 related stories
16d
KPBS San Diego
Saudi Arabia's Surprisingly Assertive 80-Year-Old KingWhen King Salman assumed the throne in Saudi Arabia last year, he was pushing 8
Saudi Arabia's Surprisingly Assertive 80-Year-Old King
KPBS San Diego / Posted 16 days ago
When King Salman assumed the throne in Saudi Arabia last year, he was pushing 80, his health was questionable and many thought he would be more a caretaker than a monarch of note. Yet Salman has unleashed major initiatives and shaken up the kingdom,... Read more
195 related stories
16d
International Business Times
US market close: Stocks closed mixed as oil weighed heavily on the Dow stocks closed with mixed fortunes on Monday 9 May, with the S&P 500 and Nasdaq
US market close: Stocks closed mixed as oil weighed heavily on the Dow
International Business Times / Posted 16 days ago
stocks closed with mixed fortunes on Monday 9 May, with the S&P 500 and Nasdaq Composite managing to ride higher during a healthcare stocks rally. Meanwhile, the Dow Jones Industrial Average slumped as oil prices weighed heavily. The S&P 500 jumped... Read more
16d
Brisbane Times
Oil lower as wind shifts direction of Canadian wildfiresCrude settled at the lowest level in two weeks as shifting winds moved wildfire
Oil lower as wind shifts direction of Canadian wildfires
Brisbane Times / Posted 16 days ago
Crude settled at the lowest level in two weeks as shifting winds moved wildfires away from oil-sands facilities in Alberta, reducing concern that production cuts would make a substantial dent in US oil stockpiles. Futures erased intraday gains and... Read more
16d
TheBull
Oil slides as investors focus on Canada fires recoverya looming output recovery. Rain and cooler temperatures slowed the spread of t
Oil slides as investors focus on Canada fires recovery
TheBull / Posted 16 days ago
a looming output recovery. Rain and cooler temperatures slowed the spread of the fires that have raged in western Canada's Alberta region for more than a week, spurring oil companies to shut down operations. "It doesn't seem the fires in Canada... Read more
195 related stories
16d
KERA North Texas
Saudi Arabia's Surprisingly Assertive 80-Year-Old KingWhen King Salman assumed the throne in Saudi Arabia last year, he was pushing 8
Saudi Arabia's Surprisingly Assertive 80-Year-Old King
KERA North Texas / Posted 16 days ago
When King Salman assumed the throne in Saudi Arabia last year, he was pushing 80, his health was questionable and many thought he would be more a caretaker than a monarch of note. Yet Salman has unleashed major initiatives and shaken up the kingdom,... Read more
195 related stories
16d
FOX Business
Don't Expect Saudi Arabia's New Oil Minister to Change Course in Policythe weekend that Saudi Arabia unexpectedly replaced its oil minister. It was a
Don't Expect Saudi Arabia's New Oil Minister to Change Course in Policy
FOX Business / Posted 16 days ago
the weekend that Saudi Arabia unexpectedly replaced its oil minister. It was announced on Sunday Saudi Aramco Chairman Khalid al-Falih will succeed Ali al-Naimi as the Middle Eastern nation’s oil minister. The news comes less than a month ahead... Read more
195 related stories
16d
FOX Business
Don't Expect Saudi Arabia's New Oil Minister to Change Course in PolicyArabia unexpectedly replaced its oil minister. Continue Reading Below It was
Don't Expect Saudi Arabia's New Oil Minister to Change Course in Policy
FOX Business / Posted 16 days ago
Arabia unexpectedly replaced its oil minister. Continue Reading Below It was announced on Sunday Saudi Aramco Chairman Khalid al-Falih will succeed Ali al-Naimi as the Middle Eastern nation’s oil minister. The news comes less than a month ahead... Read more
195 related stories
16d
The Economic Times
US stocks finish a little higher as health care jumpsNEW YORK: US stocks finished just a bit higher Monday as gains for drug compani
US stocks finish a little higher as health care jumps
The Economic Times / Posted 16 days ago
NEW YORK: US stocks finished just a bit higher Monday as gains for drug companies were almost canceled by sharp losses for metals and energy companies. Coming off two weeks of losses, stocks traded in a narrow range. Drug company stocks, which have... Read more
45 related stories
16d
WTHR Indianapolis
US stocks finish a little higher as health care jumpsNEW YORK (AP) - U.S. stocks finished just a bit higher Monday as gains for drug
US stocks finish a little higher as health care jumps
WTHR Indianapolis / Posted 16 days ago
NEW YORK (AP) - U.S. stocks finished just a bit higher Monday as gains for drug companies were almost canceled by sharp losses for metals and energy companies. Coming off two weeks of losses, stocks traded in a narrow range. Drug company stocks,... Read more
45 related stories
16d
Your Hometown Lima Stations
US stocks finish a little higher as health care jumpsNEW YORK (AP) - U.S. stocks finished just a bit higher Monday as gains for drug
US stocks finish a little higher as health care jumps
Your Hometown Lima Stations / Posted 16 days ago
NEW YORK (AP) - U.S. stocks finished just a bit higher Monday as gains for drug companies were almost canceled by sharp losses for metals and energy companies. Coming off two weeks of losses, stocks traded in a narrow range. Drug company stocks,... Read more
45 related stories
16d
Channel NewsAsia
Oil slides as investors focus on Canada fires recoverya looming output recovery. Rain and cooler temperatures slowed the spread of t
Oil slides as investors focus on Canada fires recovery
Channel NewsAsia / Posted 16 days ago
a looming output recovery. Rain and cooler temperatures slowed the spread of the fires that have raged in western Canada's Alberta region for more than a week, spurring oil companies to shut down operations. "It doesn't seem the fires in Canada... Read more
195 related stories
16d
WTHR Indianapolis
US stocks are mixed as oil and metals prices slidechanged in midday trading Monday as the market comes off two weeks of losses. D
US stocks are mixed as oil and metals prices slide
WTHR Indianapolis / Posted 16 days ago
changed in midday trading Monday as the market comes off two weeks of losses. Drug companies are leading gains in the health care sector, but energy and materials companies are falling. The price of oil is down following a government shakeup in... Read more
45 related stories
16d
Your Hometown Lima Stations
US stocks are mixed as oil and metals prices slidechanged in midday trading Monday as the market comes off two weeks of losses. D
US stocks are mixed as oil and metals prices slide
Your Hometown Lima Stations / Posted 16 days ago
changed in midday trading Monday as the market comes off two weeks of losses. Drug companies are leading gains in the health care sector, but energy and materials companies are falling. The price of oil is down following a government shakeup in... Read more
45 related stories
16d
Zero Hedge
RANsquawk Week Ahead - 9th May 2016With the Euro Area calendar relatively light from a data perspective, focus wil
RANsquawk Week Ahead - 9th May 2016
Zero Hedge / Posted 16 days ago
With the Euro Area calendar relatively light from a data perspective, focus will instead fall on the Bank of England’s `Super Thursday` In Asia, focus will fall on China as participants await credit data and inflation figures. This week looks set... Read more
16d
EuroNews
Challenges ahead for Khalid al-Falih, Saudi Arabia’s new energy ministerThe new man in charge of Saudi Arabia’s energy policy is Khalid al-Falih, the c
Challenges ahead for Khalid al-Falih, Saudi Arabia’s new energy minister
EuroNews / Posted 16 days ago
The new man in charge of Saudi Arabia’s energy policy is Khalid al-Falih, the chairman of the state-owned oil company and former health minister. He immediately made it clear he is a believer in low oil prices talking about “meeting existing and... Read more
195 related stories
16d
Salon.com
US stocks are mixed as oil and metals prices slidechanged in midday trading Monday as the market comes off two weeks of losses. D
US stocks are mixed as oil and metals prices slide
Salon.com / Posted 16 days ago
changed in midday trading Monday as the market comes off two weeks of losses. Drug companies are leading gains in the health care sector, but energy and materials companies are falling. The price of oil is down following a government shakeup in... Read more
45 related stories
16d
Market Watch
Saudi Arabia’s new oil boss won’t change kingdom’s tuneAli al-Naimi, left, was shuffled out of office, replaced as oil minister by Kha
Saudi Arabia’s new oil boss won’t change kingdom’s tune
Market Watch / Posted 16 days ago
Ali al-Naimi, left, was shuffled out of office, replaced as oil minister by Khalid al-Falih. Saudi Arabia’s “Mr. Everything” has a new right-hand man. The weekend replacement of longtime Saudi oil minister Ali al-Naimi with Saudi Arabia Oil Company... Read more
195 related stories
16d
FOX Business
U.S. Stocks Struggle To Overcome Oil Market Uncertaintyin positive territory on Monday as uncertainties in the oil market dragged pric
U.S. Stocks Struggle To Overcome Oil Market Uncertainty
FOX Business / Posted 16 days ago
in positive territory on Monday as uncertainties in the oil market dragged prices lower, weighing on energy and materials shares. Crude-oil futures were higher overnight, but turned sharply lower midmorning as the likelihood of a hoped-for... Read more
3 related stories
16d
FOX Business
U.S. Stocks Struggle To Overcome Oil Market Uncertaintyin positive territory on Monday as uncertainties in the oil market dragged pric
U.S. Stocks Struggle To Overcome Oil Market Uncertainty
FOX Business / Posted 16 days ago
in positive territory on Monday as uncertainties in the oil market dragged prices lower, weighing on energy and materials shares. Crude-oil futures were higher overnight, but turned sharply lower midmorning as the likelihood of a hoped-for... Read more
3 related stories
16d
FOX Business
Active Fund Managers: The Death March of the DodosWarren E. Buffett is a proponent of low-cost index funds, a position he reitera
Active Fund Managers: The Death March of the Dodos
FOX Business / Posted 16 days ago
Warren E. Buffett is a proponent of low-cost index funds, a position he reiterated at last month's Berkshire Hathaway annual meeting. U.S. stocks are little changed in late morning trading on Monday, with theS&P 500and theDow Jones Industrial... Read more
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