Saudi oil minister still talking his book.

And not doing a very good job judging by the continued fall in prices.

  • Will be lucky to go past 9m bpd of productions by 202 due to supplies from other places
  • His country could pup 15m bpd but probably won’t as additional producers enter supply mix
  • doesn’t see anything like 15m bpd from his country by 2040

Saudi minister Ali al-Naimi is speaking at the centre for strategic & international studies in Washington

Best in 2026

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