Media ID: 55333082
Caption:
Iraqi Oil Minister Abdul Kareem Al-Luaibi, refusing to take questions, arrives on June 8, 2014, at a hotel for a meeting of OPEC oil ministers in Vienna. (Reuters/Heinz-Peter Bader)
by Asharq Al-Awsat | Jun 10, 2014 | Business
London, Bloomberg—OPEC ministers say they will almost certainly leave their oil-production ceiling unchanged when the group meets this week. What really matters for markets is whether Saudi Arabia will respond to global supply shortfalls by pumping a record amount of...
Media ID: 55324294
Caption:
Saudia Arabia’s Minister of Petroleum and Mineral Resources, Ali AI-Naimi (C), arrives at the Grand Hotel in Vienna on December 2, 2013, prior to the start 164th meeting of OPEC, held in Vienna on December 4. (AFP PHOTO/ALEXANDER KLEIN)
by Asharq Al-Awsat | Dec 3, 2013 | Business
Vienna, Bloomberg—Energy ministers from Iraq, Kuwait, Angola and Algeria expect OPEC to keep its crude production target unchanged Wednesday after Saudi Oil Minister Ali Al-Naimi said the market is “in equilibrium.” The market is “balanced,”...