22.06.2011 - Blame Gadhafi, not al-Naimi, for the OPEC clash

Has Ali al-Naimi lost his magic touch? Amid OPEC’s cold war, it seems the Saudis have been left in a bind. But as the saying goes: he who laughs last laughs longest. On June 8, Mr. Naimi, the Saudi oil minister that normally sets the tone of the gatherings of the Organization of Petroleum Exporting Countries, failed to convince the majority of his fellow members to increase output together by 1.5 million barrels a day..............................................Full Article: Source

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