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.
The rise of Prince Mohammed underscores a dramatic shift towards a leadership more in tune with the needs of a country with a young population.
Sheila Patel, CEO of Goldman Sachs Asset Management International, comments on Saudi Arabia's decision to loosen restrictions on foreign investors.
CNBC's Hadley Gamble reports on new protests by workers against construction company Saudi Binladin over allegedly unpaid wages.
CNBC's Hadley Gamble reports on Saudi Arabia's decision to reform the rules governing its stock exchange to ease rules for foreign investors.
U.S. oil retreated swiftly from the year's highs hit last week, on renewed glut worries, a rebounding dollar and weaker global equities.
Karim Sadjadpour, Carnegie Endowment, provides insight to the challenges facing Iran and what they need to do to transition into the banking system and big business.
CNBC's Hadley Gamble reports on the ramifications of protests by construction workers against their treatment by Saudi Binladin in the Middle East.
Construction company Saudi Binladin, founded by Osama bin Laden's father, reportedly laid off 50,000 staff, as cheap oil spurs government spending cuts.