Attacks On Saudi Arabia’s Oil Installations Could Escalate Persian Gulf Tensions to Dangerous Levels

by Shireen T. Hunter Sautrday’s apparent drone attacks against Saudi Arabia’s oil installation at Abqaiq and its oil field at Khurais—both located in the kingdom’s predominantly Shia Eastern Province—have once more raised the political temperatures in the Persian Gulf. Reportedly,… Continue Reading  

Aramco’s IPO: A Bell Weather of Saudi Balancing between East and West

by James M. Dorsey Saudi Arabia’s planned awarding of mandates for the management of an initial public offering (IPO) by its national oil company Aramco is likely to serve as a bellwether for how Riyadh balances its relations with the… Continue Reading  

Business and Boxing: Two Sides of the Same Coin

by James M. Dorsey What do a planned US$15 billion Saudi investment in petroleum-related Indian businesses and a controversial boxing championship have in common? Both reflect a world in which power and economics drive policy, politics and business at the… Continue Reading  

Can OPEC Agree on Oil Production Policy?

by Alex Stout The fall in the price of oil from $115/barrel in mid-2014 to $27/barrel this year has had a devastating impact on petro-states all over the world. Whereas the Kingdom of Saudi Arabia, the world’s top oil producer… Continue Reading