30 years of long service to country is over for Ali al Naimi ,the minister for oil in Saudi Arabia. It's interpreted as the King wasn't happy that in the recent meeting in Qatar the minister could not reach a deal to freeze production . It looks like the new guy is experienced in managing the big oil firm Aramco in Saudi which is now struggling a bit due to low oil prices. Oil may shoot up soon.
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origin energy limited
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Saudi King sacks Minister for oil
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