| At the last meeting of Opec nations Ali al-Naimi, the Saudi oil minister, dashed in and out of Vienna in just a few hours. He even cast aside his customary 45-minute jog with reporters. With markets stable and the price of oil around $110 a barrel, there was little for the 12 members of the oil producing cartel to talk about.
“The customer is happy, the producer is happy, the consumer is happy, the market is in balance, everything is good,” said Mr Naimi, arguably the world’s most important man in the oil world, in June.......................................Full Article: Source
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