Discussing the departure of Saudi Arabia's al-Naimi, with Sadad Al-Husseini, Saudi Aramico former executive.
Edward Morse, Citigroup, discusses the setup for oil prices after the Saudi shake-up announcement of the departure of Saudi Arabia's al-Naimi, and the Canadian wildfire shutting down production there.
CNBC’s Hadley Gamble is in Riyadh, Saudi Arabia with the latest on Khalid al-Falih, Chairman of Aramco replacing the Saudi oil minister Ali al-Naimi.
Dan Yergin, IHS vice chairman, discuss the new oil order in Saudi Arabia after long term oil minister Ali al-Naimi was replaced by Khalid al-Falih and provides his outlook on oil prices. There's a big chunk of oil that's now been taken out, says Yergin, commenting on the impact of Canada's devastating wildfire on crude.
"You're going to see a much more robust Saudi Arabia going forward. There's no question about it," John Kilduff says.
I think this is a consolidation of power, says John Kilduff, Again Capital, discussing the replacement of long-time oil minister Ali al-Naimi with Khalid al-Falih amid the planned listing of Aramco.
Richard Mallinson, Energy Aspects, discusses what's prompting the move up in oil prices, including Canada's wildfires and Saudi Arabia's new oil policy, and provides his outlook on crude.
CNBC's Hadley Gamble reports Saudi Arabia replaces oil minister Ali al-Nami with Khadid al-Falih, chairman of the state-owned oil company Aramco.
Gareth Lewis-Davies, senior oil strategist at BNP Paribas, says Saudi Arabia has to evolve to become less dependent, and the latest reshuffle is part of this evolution.
Don't expect Saudi Arabia's new oil boss to bring big change to OPEC's June meeting, analysts said, after it replaced its long-serving minister.
CNBC's Hadley Gamble reports on Saudi Arabia's decision to replace oil minister Ali al-Naimi.
CNBC's Hadley Gamble discusses reports that the Saudi Arabian oil company is planning to list in London, Hong Kong and New York.
CNBC's Hadley Gamble reports on the reorganization of Saudi Arabia's government, including the appointment of Khalid Al-Falih as the new oil boss.
Crystol Energy's founder and director, Carole Nakhle gives her take on Saudi Arabia's oil minister change.
It's in Saudi's long-term interest to have low oil prices now to limit the move to alternative fuels, says Taurus Wealth Advisors ED, Rainer Michael Preiss.
Saudi Arabia will still be pumping as much oil as it can, says Bank of Singapore's chief economist, Richard Jerram.
Changes to Saudi Arabia's oil ministry are notable but not surprising given the country's strategic decision to move away from an energy-dominated economy, explains Emily Hawthorne, Middle East analyst at Stratfor.
The end of Ali al-Naimi's more than two-decade tenure as Saudi Arabia's oil maestro signals a new era for OPEC, analysts said.
Saudi Arabia's King Salman restructured some government ministries and reshuffled his cabinet to appoint new ministers in a series of royal decrees.
Deputy Crown Prince Mohammed bin Salman is challenging the kingdom's old ways.