“The Saudis typically make decisions based on what’s in their own best interest,” said Adam Sieminski, chief energy economist at Deutsche Bank in Washington. “Their second priority is to do what’s best for global economic conditions. The Saudis probably like seeing the price of Brent between $90 and $100, more than at either $75 or $125.”
This could change, but as shown by this event and Ali’s report, sometimes (and much more often than we think) economic interests win over political ones.
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