Saudi Arabia: Trying to Hold the Line

Saudi Arabia’s budget statement for 2020 was approved December 9, the end of a busy week for the country and its energy sector, including the prior week’s OPEC+ meeting and key developments in the long-awaited IPO of Saudi Aramco, its state-owned energy company. The budget takes a relatively conservative stance on both oil and non-oil… Continue reading Saudi Arabia: Trying to Hold the Line

MBS World Tour: Saudi Arabia’s Looming Tradeoffs

With Saudi Arabia’s Crown Prince Mohammed bin Salman in Washington at the start of his long U.S. tour, there have been no shortage of good analyses written about what’s at stake and the motivations for the trip and Saudi social and economic reform – my favorites include those by Karen Young and Alastair Newton, as… Continue reading MBS World Tour: Saudi Arabia’s Looming Tradeoffs