Saudi petroleum minister says there is no conspiracy behind drop in oil prices

December 21, 2014 10:00 AM

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Saudi petroleum minister says there is no conspiracy behind drop in oil prices

Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi leaves the hall during the opening day of the 10th Arab energy Conference in Abu Dhabi, United Arab Emirates, Sunday, Dec. 21, 2014. (AP Photo/Kamran Jebreili) (The Associated Press)

Saudi Arabia's Minister of Petroleum and Mineral Resources Ali Ibrahim Naimi attends the opening day of 10th Arab energy Conference in Abu Dhabi, United Arab Emirates, Sunday, Dec. 21, 2014. (AP Photo/Kamran Jebreili) (The Associated Press)

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