Middle East Economic Survey

VOL. XLVIII

No 22

30-May-2005

Globalization And The Future Of The Oil Market

By Ali Naimi

The following is an abridged text of a speech given by Saudi Oil Minister Ali Naimi to the World Affairs Council of Northern California and Council on Foreign Relations at the Bankers Club of San Francisco on 23 May. After reviewing Saudi Arabias close ties with the US over the past 70 years, Mr Naimi went on to talk about the two countries shared energy future.

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