Energy and Environment

Former Saudi oil chief: OPEC tends ‘to cheat’

By John Siciliano
Published December 2, 2016 5:09pm ET
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Former Saudi oil chief: OPEC tends ‘to cheat’
"There's not much you can do if there is not maximum cooperation between the producers," Ibrahim Al-Naimi said. (AP Photo) | GUSTAVOFERRARI

Saudi Arabia’s former oil chief on Friday says he is skeptical a deal among producers will stick because most members of the Organization of the Petroleum Exporting Countries tend to cheat.

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John Siciliano Minusextra Oil OPEC Saudi Arabia