Saudi Arabia’s March Towards Civil War
Has Saudi Arabia’s brinkmanship and heavy-handed policies of intervention in the Middle East come back to haunt the desert kingdom? After decades of playing the role of middle man between Continue Reading
Only $60 Oil Can Save The Aramco IPO
The OPEC deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 OPEC producer Saudi Continue Reading
Deposed Saudi Prince Is Said to Be Confined to Palace –
The recently deposed crown prince of Saudi Arabia, Mohammed bin Nayef, has been barred from leaving the kingdom and confined to his palace in the coastal city of Jidda, according Continue Reading
Oil Prices Inch Higher As Saudi Crude Oil Loadings Drop
We discussed back in early May how Saudi Arabian crude export loadings in April had dropped materially. Given the journey time to US shores (hark, seven-ish weeks), the expectation was Continue Reading
Middle East At Point Of No Return As Saudi-Qatar Rift Deepens
Saudi King Salman’s decision to appoint his son Mohammed Bin Salman (MBS) as the new crown prince did not come as a surprise. For months, the power struggle between former Continue Reading
House of Saud unites behind king’s son – for now
The elevation of Mohammed bin Salman as Crown Prince of Saudi Arabia has ended two years of speculation about a behind-the-scenes rivalry near the pinnacle of royal power, but he Continue Reading
Saudi Reshuffle Could Completely Shake Up Oil Markets
The power restructuring in Saudi Arabia this week led to the elevation of 31-year-old Mohammed bin Salman to crown prince, essentially ensuring that he will become the youngest king of Continue Reading
What Does Bin Salman’s Rise Mean For Oil?
The architect of Saudi Arabia’s Vision 2030 plan is now next in line to the throne, the Saudi Press Agency announced on Wednesday, paving the way for the 31-year-old nobleman Continue Reading
Kemp: Saudi Arabia Eases Austerity Just As Oil Prices Decline
Saudi Arabia’s decision to reverse some of last year’s austerity measures coincides with a renewed decline in oil prices and complicates the financial and economic outlook. (John Kemp is a Continue Reading
Oil Market Sees Increased Conflict Risk in Saudi Power Shift
New Crown Prince has taken confrontational stance against Iran More aggressive foreign policy won’t change oil plans: Sen After Mohammed bin Salman’s appointment as crown prince, energy markets need to Continue Reading