18:05 GMT +317 November 2019
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    ‘It’s up to Allah’: Saudi Oil Chief Says No One Can Set Oil Prices

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    The remark comes amid general speculation over how long Saudi Arabia will maintain its decision not to cut production.

    Saudi Arabia’s oil minister, Ali Al-Naimi, said that "no one can set the price of oil — it's up to Allah."

    The remark comes amid general speculation over how long Saudi Arabia will maintain its decision not to cut production.

    His comments come after a turbulent twelve months for oil. The price of standard Brent crude has dropped from a peak of $114 a barrel last June to a six-year record low in January.

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    crude oil, minister, production, Ali Al-Naimi, Saudi Arabia
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