CARACAS—Saudi Arabia’s Oil Minister Ali al-Naimi will make a rare trip this week to Venezuela, according to people familiar with the matter, as the South American nation’s struggling economy ...

Simply sign up to the Retail & Consumer industry myFT Digest -- delivered directly to your inbox. When Ali al-Naimi was told he had been appointed Saudi oil minister, the most powerful post in the ...

Oil prices fell 4 percent on Tuesday after Saudi Oil Minister Ali Al-Naimi ruled out any production cuts, restating the kingdom's rationale for maintaining output was that demand would pick up ...

Ali al-Naimi, adviser at the Saudi Royal Court, Minister of Petroleum and Mineral Resources and former head of “Aramco”, revealed that his career initiated in 1947, when he worked as a ...

RIYADH, Saudi Arabia, May 8 (UPI) --Saudi leadership issued a royal decree dismissing the country's veteran oil minister, Ali al-Naimi. Serving since 1995, al-Naimi's management of the world's ...

Speaking to CNBC, oil minister Ali al-Naimi said that “no one can set the price of oil – it’s up to Allah”. Saudi Arabia is the world’s biggest producer of oil and, while oil prices have ...

Ali al-Naimi has been replaced after more than 20 years in the role by former health minister Khaled al-Falih. FIFA presidential candidate Prince Ali Al Hussein of Jordan is appealing to the Court ...

Saudi Arabia’s Oil Minister Ali al-Naimi is “optimistic” about the oil market and the world’s biggest exporter is pumping about 10 million barrels of crude a day, close to the record ...

For more than two decades, the oil market hung to Ali al-Naimi’s every word -- whether he was taking a characteristic stroll at dawn on Vienna’s Ringstrasse, hurrying through a hotel lobby ...

Saudi oil minister Ali al-Naimi said on Tuesday that a cut in the kingdom's oil production "is not going to happen," according to the Financial Times. The FT added that Naimi — speaking at the ...

Saudi Arabia fired long-serving oil minister Ali al-Naimi on Saturday, dismissing one of the industry's most powerful figures as the country battles with weak oil prices. Mr. Naimi, who had been ...

Oil Minister Ali al-Naimi said on Sunday. Brent crude oil fell towards USD 112 a barrel on Tuesday in a fifth day of losses as economic slowdown on both sides of the Atlantic deepened fears of ...