Topic: Ali al-Naimi
All Content
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Iranian oil sanctions: US exempts 11 nations
The American government will exempt 10 European countries plus Japan from financial sanctions due to their efforts to reduce their dependence on Iranian oil.
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$4 gas for several US states
$4 gas is the average cost per gallon in six US states now. Will $4 gas spread across the country?
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OPEC announces historic cuts to buoy oil prices
The petroleum cartel said it will slash production by 2.2 million barrels per day in hopes prices will climb back toward $75 per barrel.
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With oil prices falling, O.P.E.C. weighs cuts
Ministers of the Organization of Petroleum Exporting Countries meet Tuesday in Vienna and may unofficially ease back on production levels that are above OPEC quotas.
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Saudi Arabia to boost oil output. Will gas prices fall?
At a rare meeting Sunday, some oil-producing nations tried to stabilize prices – and Western concerns over a recession.








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