Tag "Ali Al-Naimi"
New OPEC production limits yield winners — but will they last?
The core international group of oil exporters, OPEC, has imposed production limits that will bring many states economic gains — but are they likely last?
After Al-Naimi: Mirage and reality
Ali Al-Naimi’s dismissal marks a pivotal moment in the history of Saudi Arabia and global oil markets.
In Saudi Arabia, new king Salman seeks stability
The formal succession of power in Saudi Arabia brings former Crown Prince Salman to the throne of the Arab world’s largest economy. When news broke of the death of King
Saudi Arabia’s record output fails to ease shortage fears
As a number of OPEC countries face stagnant or falling production and oil prices creep steadily upwards, the question of whether Saudi Arabia can offset further shortages is more pressing
Shale Oil Changes International Energy Trade
At the onset of the global financial crisis in the summer of 2008, with oil prices hitting $147 per barrel, no political or energy analyst considered shale oil as an