Saudi’s internal needs first, OPEC’s somewhere down the scale
With the biannual OPEC meeting fast approaching, many are wondering what role Saudi Arabia will take in the organization with the recent change of oil ministers. Traditionally, Saudi Arabia has served as the leader of OPEC, but with the organization’s role of market balancer cast aside, and Saudi visions of an economy less dependent on producing and selling oil, what role will OPEC’s largest producer play in the group’s future?

Very little is expected to come from OPEC’s June 2 m...

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