As OPEC Waits on Russia, Naimi Memoir Offers Cautionary History

  • Former Saudi oil minister reveals thinking in autobiography
  • Naimi’s book offers counterpoint to current OPEC-Russia talks

Morning Meeting: OPEC Price Freeze and Saudi Bonds

Ali Al-Naimi, the former Saudi oil minister and architect of the 2014 pump-at-will OPEC policy that’s roiled markets since, drew the conclusion during his final years in office that there was "zero" chance of countries outside the group joining in production cuts.

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