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Crude Oil Prices and the Influence of Saudi King Salman
With King Salman taking over in Saudi Arabia, many have wondered how the OPEC country will handle its oil policy.
The country's refusal to cut production in 2014 was one of the biggest reasons crude oil prices fell so sharply over the past seven months.
Money Morning's Global Energy Strategist Dr. Kent Moors appeared on CNBC last week and discussed how Saudi Arabia could handle its oil policy now. He's a 35-year expert in oil and gas policy, and regularly meets with oil policymakers from around the globe.
With King Salman taking over in Saudi Arabia, many have wondered how the OPEC country will handle its oil policy.
The country's refusal to cut production in 2014 was one of the biggest reasons crude oil prices fell so sharply over the past seven months.
Money Morning's Global Energy Strategist Dr. Kent Moors appeared on CNBC last week and discussed how Saudi Arabia could handle its oil policy now. He's a 35-year expert in oil and gas policy, and regularly meets with oil policymakers from around the globe.