How US-Saudi Relations Could Change

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
The Saudi Aramco Puzzle

US-Saudi differences over oil supply spilled into public view late last week, with the US accusing Saudi Arabia of following the “wrong direction” in oil policy after Opec-plus’ headline 2 million barrel per day production cut agreement. Tensions have since moved out of the headlines, and rash decisions appear unlikely. But changes to the relationship could still lie ahead. Below, Energy Intelligence flags what to watch for in the coming months.

Opec/Opec-Plus, Policy and Regulation, Elections
Wanda Ad #2 (article footer)
Victory in landmark elections means Erdogan's era of political hegemony will extend into a third decade, with major implications for both Turks and global geopolitics.
Thu, Jun 1, 2023
Mumbai-based Gatik, which has become one of the largest shippers of Russian crude, may be unable to insure its ships after being struck off by US and UK registries.
Thu, Jun 1, 2023
Opec-plus faces another tricky meeting this weekend as benchmark Brent struggles to stay above $70 per barrel despite the group's recent supply cuts.
Thu, Jun 1, 2023