Globe with a changing of the guard in saudi arabia. The man who for decades has been in charge of the largest proven crude reserves in the world has been replaced. The oil minister of saudi arabia, ali al naimi, the de facto leader of opec and when he spoke, others followed. Now theres a new man in that role and he could usher in longterm change for the sector thats been the touch point for the market. Hadley gamble reports from riyadh. Reporter after 23 years on the job, veteran oil minister ali al naimi thanked colleagues for their support on sunday, moving into a new position as adviser to the royal court and making way for a new generation of saudi leaders. Known as the super team, 24 ministers passed revamping the saudi state, including a new minister of oil. While the new appointment doesnt seem to signal a change in government policy, the reshuffle is in line with moves by the deputy crown prince to consolidate power behind the royal court. All ahead of the lifting of 5 of saudi
Just fear freedom. Narrator and the kingdom at a crossroads. Saudi arabia is facing some of the Biggest Challenges its ever faced. The oil price is low, youth unemployment, regional instability. You could almost argue a perfect storm. Narrator tonight, saudi arabia uncovered. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust, supporting trustworthy journalism that informs and inspires. The ford foundation, working with visionaries on the front lines of social change worldwide, at fordfoundation. Org. The wyncote foundation. And by the front
But we begin halfway around the globe with a changing of the guard in saudi arabia. The man who for decades has been in charge of the largest proven crude reserves in the world has been replaced. The oil minister of saudi arabia, ali al naimi, the de facto leader of opec and when he spoke, others followed. Now theres a new man in that role and he could usher in longterm change for the sector thats been the touch point for the market. Hadley gamble reports from riyadh. Reporter after 23 years on the job, veteran oil minister ali al naimi thanked colleagues for their support on sunday, moving into a new position as adviser to the royal court and making way for a new generation of saudi leaders. Known as the super team, 24 ministers passed revamping the saudi state, including a new minister of oil. While the new appointment doesnt seem to signal a change in government policy, the reshuffle is in line with moves by the deputy crown prince to consolidate power behind the royal court. All ah
Just fear freedom. Narrator and the kingdom at a crossroads. Saudi arabia is facing some of the Biggest Challenges its ever faced. The oil price is low, youth unemployment, regional instability. You could almost argue a perfect storm. Narrator tonight, saudi arabia uncovered. Frontlinis made possible by contributions to your pbs station from viewers like you. Thank you. And by the corporation for public broadcasting. Major support for frontliis provided by the john d. And catherine t. Macarthur foundation, committed to building a more just, verdant and peaceful world. More information is available at macfound. Org. Additional support is provided by the park foundation, dedicated to heightening Public Awareness of critical issues. The john and Helen Glessner family trust, supporting trustworthy journalism that informs and inspires. The ford foundation, working with visionaries on the front lines of social change worldwide, at fordfoundation. Org. The wyncote foundation. And by the front
But we begin halfway around the globe with a changing of the guard in saudi arabia. The man who for decades has been in charge of the largest proven crude reserves in the world has been replaced. The oil minister of saudi arabia, ali al naimi, the de facto leader of opec and when he spoke, others followed. Now theres a new man in that role and he could usher in longterm change for the sector thats been the touch point for the market. Hadley gamble reports from riyadh. Reporter after 23 years on the job, veteran oil minister ali al naimi thanked colleagues for their support on sunday, moving into a new position as adviser to the royal court and making way for a new generation of saudi leaders. Known as the super team, 24 ministers passed revamping the saudi state, including a new minister of oil. While the new appointment doesnt seem to signal a change in government policy, the reshuffle is in line with moves by the deputy crown prince to consolidate power behind the royal court. All ah