Ali al-Naimi, Saudi Arabian oil minister

OPEC Will Not Cut Oil Output – Saudi Arabia Breaks Silence

Just a day before the Organization of the Petroleum Exporting Countries (OPEC) meets to discuss the rampant oversupply of oil in the global market, leader Saudi Arabia's oil minister suggested that the group will probably not cut oil output. Nov 27, 2014
The Euro Logo

Eurozone Inflation and Growth to Remain Low: ECB Survey

A recent survey of professional forecasters by the European Central Bank showed that inflation and growth in the region will remain low for the year due to oil prices slowdown and the sluggish economic recovery in the Eurozone. Nov 14, 2014