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Ali Naimi quotes

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    I Like this quote I dislike this quote“The current price level is providing the returns needed to attract adequate investment. We believe spare crude oil production capacity will grow sufficiently in the next 3-4 years to restore some margin of safety to world crude markets.”

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    I Like this quote I dislike this quote“Uppermost in our minds is to maintain stability in the markets, ... We recognize that there is a need for additional production. The issue is when and how much.”

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    I Like this quote I dislike this quote“[With Tuesday's move,] We believe that the market will be in equilibrium, ... We believe the supply and demand will be in balance.”

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    I Like this quote I dislike this quote“I have no control over prices. We accept that they're high, and of course, we want them to come down.”

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    I Like this quote I dislike this quote“Government policies aimed at reducing oil demand create another element of uncertainty for producers. This added risk is detrimental to timely investment decisions.”

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    I Like this quote I dislike this quote“I don't comment or interfere in other countries, particularly a country that is very friendly to Saudi Arabia.”

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