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 ...

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 ...

HOUSTON (Reuters) - Saudi Oil Minister Ali Al-Naimi said on Tuesday he was confident more nations would join a pact to freeze output at existing levels in talks expected next month, but ...

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 ...

Crude oil prices should fall because global supply is outweighing demand, according to Saudi Arabia’s oil minister Ali al-Naimi. IRAN warned Gulf Arab oil producers against boosting production ...

Ali al-Naimi said it was impossible for OPEC to cut alone to reverse the oil price slump -- which he called temporary -- when others were pumping more, saying that could lead to losing market ...

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 ...