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Letter "A" » Ali Naimi Quotes
«make it more difficult to overcome these bottlenecks in the system.»
«But in the intervening years, when we were supposedly facing ap precipitous decline, world oil reserves more than doubled.»
«We have offered up to 11 million (barrels a day), but have had no response whatsoever.»
«[Saudi Oil Minister Ali Naimi said the oil-rich kingdom has the capacity to immediately raise its oil production from around 9.5 million bpd to 11 million bpd if needed.] The crude is available, ... If you want it, there it is.»
«It is an excellent gesture from OPEC to provide 2 million barrels a day of spare capacity to the market, ... If the market feels it needs additional crude, they're welcome to it. It's there.»
«OPEC says it has 2 million. You believe it or not, ... all they have to do is ask us.»
«The crude is available, ... If you want it, there it is.»
«I'm always concerned about these types of things. We've said volatility in the market isn't a benefit to the producer and the consumer.»
«These are turbulent times for oil markets.»
«These are turbulent times for oil markets. Prices are under pressure because the petroleum industries infrastructure is stretched thin. Most of the spare capacity of the 1980s and 1990s has disappeared, resulting in a system that has a much smaller margin for error.»