Saudis and Oil Supply: Ghawar What?

There was a long interview with Saudi oil minister Ali Al-Naimi last night on NBR. While there was much inconsequential noodling about the right price for oil, there wasn’t a single question about Saudi oil supply, whether about overproduction in the Ghawar field or anything else. Remarkable.

Full transcript here.

Related posts:

  1. Saudis: No Oil Quotas for You!
  2. Honey, I Shrunk the Equity Supply
  3. The Oil Supply Bubble
  4. Supply and Demand in the Shorting Market
  5. John Taylor on Increasing the Money Supply