Ali Naimi Quotes

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.

- Ali Naimi

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But in the intervening years, when we were supposedly facing ap precipitous decline, world oil reserves more than doubled. - Ali Naimi

We have offered up to 11 million (barrels a day), but have had no response whatsoever. - Ali Naimi

I have no control over prices. We accept that they're high, and of course, we want them to come down. - Ali Naimi