Forbes | 3 Surprising Outcomes Of Higher Oil Prices Forbes OPEC was seen as irrelevant, incapable of taking action and lacking the combined will to cut production and raise the price of oil. Many observers in 2016 criticized former Saudi oil minister Ali al Naimi, who refused to entertain production cuts in ... Oil steady near two-week high as Saudi to keep export curbs Lower Oil Prices Force Saudis to Widen Their Circle of Friends Saudis See Oil Output Cuts Easing in 2019 |