OPEC Member

  • Change in Saudi Oil Ministry Makes Freezing Unlikely

    Change in Saudi Oil Ministry Makes Freezing Unlikely

    Monday, 9th May 2016
    The dismissal of Ali al-Naimi as Saudi Arabia’s Oil Minister and appointing Khalid al-Falih instead, puts the country’s deputy Crown Prince firmly in control of energy policy and makes to freeze oil production unlikely, according to OPEC officials.