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Ali Al-Naimi

Ali Al-Naimi latest

Report: Oil Production, Market Share to Fall in the Coming Years
November 12th, 2019 - 09:17 GMT

Report: Oil Production, Market Share to Fall in the Coming Years

In its latest annual World Oil Outlook (WOO) report, published last week, the Organization of the Petroleum Exporting Countries (OPEC) predicted its oil production and market share to fall in the years to come. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-2…","video_id":"2f074372-b3fa-4f9f-8191-57992d2241ce","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"10 Highest Average Cappuccino Prices Around the World"} This view of the future says a lot about the cartel’s policies in facing the ever-growing US shale which is casting a dismal shadow over the future role ...
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The Saudi energy industry has to evolve to meet global opportunities and challenges. (Image credit: Shutterstock)
November 21st, 2013 - 06:10 GMT

Should Saudi Arabia be concerned about the USA's growing oil shale output?

The biggest reason for pundits to stay calm and not nervous despite the Libyan outage this time – is the unraveling shale revolution – changing the overall crude perspective.
September 15th, 2013 - 08:07 GMT

It's only the beginning: how the 'shale revolution' is shifting the landscape of global oil production

Saudi Arabia's oil minister has said he think demand and oil supply are stable
December 18th, 2012 - 11:45 GMT

Saudi oil minister: Global oil supplies steady, good demand

Saudi Arabia booming in increasing oil prices
October 22nd, 2012 - 11:30 GMT

Saudi Arabia's economy is booming thanks to oil revenues

Saudi Aramco discovers a new gas field in the Red Sea
October 10th, 2012 - 11:31 GMT

Saudi Aramco discovers new gas field

Saudi Arabia is taking action to keep oil prices moderated
October 9th, 2012 - 09:11 GMT

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

Opec is confident over the supply of crude oil, but predicts a slowdown in 2013
September 12th, 2012 - 10:05 GMT

Crude oil supplies "abundant" according to Opec, but predicted slowdown could be deeper than feared

Saudi Arabia's oil minister says the supply and demand of the global economy doesn't justify current oil prices
September 11th, 2012 - 07:50 GMT

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

There is no dearth or shortage of crude in the market, everyone agrees
March 20th, 2012 - 11:39 GMT

Oil scene: Fuel market confusion

"Saudi Arabia is the central banker of the oil market and the decision that they will bring more oil to the market is definitely a good one," Birol said
December 15th, 2011 - 10:34 GMT

To tame oil prices, follow Saudi's steps

Iran, which holds the rotating OPEC presidency, usually pumps as much as its creaking oil sector will allow but opposes OPEC production increases because of their potential to reduce per barrel sales revenues
October 3rd, 2011 - 03:19 GMT

Iran, Saudi Arabia see balanced oil market

The market is currently characterised by a balance between supply and demand
October 2nd, 2011 - 09:14 GMT

Saudi oil minister says oil market balanced

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