Saudi's Naimi cuts a lonely figure in oil battle | Reuters:
"If Ali al-Naimi were to review his time as Saudi oil minister, he might feel events had turned full circle.
Two years after the long-serving technocrat's 1995 promotion to become only the kingdom's fourth oil minister in 40 years, Naimi pushed through an ill-fated Organization of the Petroleum Exporting Countries deal in Indonesia to lift supply just as Asia went into economic tailspin.
Designed to punish Venezuela for flouting its output quota, the decision has gone down in OPEC lore as the most poorly-judged in cartel history. Oil prices halved to $10 a barrel."
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