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Influential Saudi Oil Minister

Saudi Arabia ‘expels Ethiopian migrants’

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Saudi Arabia has expelled more than 1,300 Ethiopians “in recent days” after a deadline for undocumented migrants to leave the oil-rich kingdom voluntarily expired, Ethiopia’s foreign ministry is quoted by the associated Press news agency as saying. Ethiopia’s government is working with Saudi Arabia to safely return its citizens home, the ministry’s director general of […]

Only Allah knows about oil prices: Saudi oil chief

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With speculation rife over how long Saudi Arabia is content to see oil prices slump, the country’s oil minister told CNBC that only Allah knows where prices are heading. Influential Saudi Oil Minister, Ali Al-Naimi, told CNBC Tuesday that “no one can set the price of oil – it’s up to Allah.” The remark comes […]