Saudi oil minister to struggling producers: ‘get out’ of the market

Saudi oil minister to struggling producers: ‘get out’ of the market

Special to WorldTribune.com Saudi Arabia’s oil minister had a message for high-cost producers on Feb. 23: Saudi is quite content to ride out low prices and those who aren’t should “get out” of the market. “Inefficient, uneconomic producers will have to get out, that is tough to say, but that’s fact,” Ali Al-Naimi said after […]