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