Financial Times | Saudi Arabia declares oil output cut 'is not going to happen' Financial Times Saudi oil minister Ali al-Naimi said a lack of trust between the world's biggest producers meant a cut in production “is not going to happen”. He said the kingdom would instead push for a co-ordinated production freeze to help balance a market swamped ... Oil industry must thwart 'misguided' divestment campaign, says Saudi minister Schork: Why oil won't hit the $40s this year Volatile oil is rocking markets (again) |